Wall Street analysts are weighing in on what they expect to hear from Tesla at the company’s “We, Robot” event on Thursday night and what the ramifications may be for the company.
Tesla (TSLA) CEO Elon Musk will divulge more information around the EV maker's robotaxi plans at the company's Robotaxi Day event tomorrow, October 10. September's Consumer Price Index (CPI) reading is also due out Thursday morning with many economists anticipating core and total CPI to fall month-over-month. Companies reporting their latest earnings results include Delta Air Lines (DAL) and Domino's Pizza (DPZ). Other economic data expected out includes weekly mortgage rates, the initial jobless claims data, and the latest commentary out from select Federal Reserve officials. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gigafactory near Berlin, in what the U.S. electric carmaker called an "optimistic assessment of the further development of e-car production". Tesla said that at the last staff meeting, works council head Michaela Schmitz had called on management to cut temporary work and bring more staffers into permanent employment.