Despite Record Delivery Quarter, Tesla Declines To Issue Promised Employee Bonuses

Zero Hedge | 7/10/2019 | Staff
cv2angels (Posted by) Level 3
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Tesla is withholding employee bonuses, despite a record 95,200 cars delivered in the second quarter, according to electrek.

The company had previously promised that all sales and delivery employees would get a bonus if a June goal of 33,000 cars delivered was met. Instead, despite its record quarter, Tesla said the goal was missed by just 200 cars and made no mention of employee bonuses. electrek wrote:

June - Goal - Cars - Month - Bonus

In early June, they set an extremely ambitious goal of delivering 33,000 cars in the month and they promised a $1,200 bonus for every sales employee and a $550 bonus to every delivery employee, which is a first for delivery employees, if they could reach the goal.

The North American sales and delivery teams worked nonstop to achieve the goal in June and help Tesla achieve record numbers.

Sources - Tesla - Management - Bonuses - Employees

Two sources said that "Tesla’s management has stopped mentioning the bonuses" and that "employees are not expecting them anymore."

Is it any wonder we reported just yesterday that at least 11 members...
(Excerpt) Read more at: Zero Hedge
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