Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla    TSLA

TESLA (TSLA)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

Tesla : is a ‘hotbed for racist behaviour,’ worker claims

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/15/2017 | 06:47am CEST

WASHINGTON - Tesla Inc.’s production floor is a "hotbed for racist behavior," an African-American employee claimed in a lawsuit in which he alleged black workers at the electric carmaker suffer severe and pervasive harassment.

The employee says he’s one of more than 100 African-American Tesla workers affected and is seeking permission from a judge to sue on behalf of the group. He’s seeking unspecified general and punitive monetary damages as well as an order for Tesla to implement policies to prevent and correct harassment.

"Although Tesla stands out as a groundbreaking company at the forefront of the electric car revolution, its standard operating procedure at the Tesla factory is pre-Civil Rights era race discrimination," the employee said in the complaint, filed Monday in California’s Alameda County Superior Court.

Tesla has roughly 33,000 employees globally but has never publicly released its diversity statistics. More than 10,000 people work at its sole auto-assembly plant in Fremont, California, where the United Auto Workers have launched a campaign to persuade workers to join the union. On Tesla’s most recent earnings call, Chief Executive Officer Elon Musk acknowledged that the company recently fired about 700 workers for low performance.

The lawsuit was filed on behalf of Marcus Vaughn, who worked in the Fremont factory from April 23 to Oct. 31. Vaughn alleged that employees and supervisors regularly used the “N word” around him and other black colleagues. Vaughn said he complained in writing to human resources and Musk and was terminated in late October for "not having a positive attitude."

Tesla didn’t have an immediate comment on the lawsuit.

Larry Organ, an attorney at the California Civil Rights Law Group, said that Vaughn reached out to him after the law firm sued Tesla on behalf of other African American employees who complained about racial harassment this year.

A Tesla assembly line worker sued in March, claiming the company did little to stop co-workers from harassing him. In August, a judge sent the case to arbitration. A judge also partly granted Tesla’s request to compel arbitration in a case of a woman who sued in November 2016 complaining about pervasive harassment.

Musk Email

According to Monday’s complaint, Musk sent an email to Tesla factory employees on May 31.

“Part of not being a huge jerk is considering how someone might feel who is part of [a] historically less represented group,” Musk wrote in the email. “Sometimes these things happen unintentionally, in which case you should apologize. In fairness, if someone is a jerk to you, but sincerely apologizes, it is important to be thick-skinned and accept that apology.”

“The law doesn’t require you to have a thick skin,” Organ said in an interview Monday. "Tesla is not doing enough. It’s somewhat akin to saying ‘stop being politically correct.’ When you have a diverse workforce, you need to take steps to make sure everyone feels welcome in that workforce."

(c) BusinessReport 1999 - 2017 Independent Newspapers (Pty) Limited. All rights strictly reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TESLA
12:06pTESLA : secures land in Shanghai for first factory outside US
AQ
11:54aTESLA : secures Shanghai site for China Gigafactory
RE
10:37aTesla opens its car charging station in HK, the largest in Asia
AQ
10:33aTesla opens its car charging station in HK, the largest in Asia
AQ
08:16aTESLA : U.S. Judge Approves SEC Settlement With Tesla
AQ
05:01aTESLA : shares jump after SEC settlement approval
AQ
05:00aTESLA : shares jump after SEC settlement approval
AQ
02:19aGENERAL MOTORS : U.S. Senate bill could give Tesla, GM electric car tax credit b..
RE
10/16TESLA : Musk says new autopilot chip to be available in six months
AQ
10/16TESLA : Musk says new autopilot chip to be available in six months
AQ
More news
News from SeekingAlpha
04:50aTesla buys plot for first China factory 
10/16Why Tesla And NIO Investors Should Be Bullish On China Sales 
10/16Tesla tells bankers no 'near-term financing pressure - Fox 
10/16The Tesla Model 3 Production Ramp Has Stalled Out 
10/16Tesla Sales Soaring, Competition Failing 
Financials ($)
Sales 2018 20 552 M
EBIT 2018 -411 M
Net income 2018 -1 471 M
Debt 2018 8 740 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 2,57x
EV / Sales 2019 1,89x
Capitalization 44 146 M
Chart TESLA
Duration : Period :
Tesla Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TESLA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 316 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chairman & Chief Executive Officer
Deepak Ahuja Chief Financial Officer
Jeffrey B. Straubel Chief Technology Officer
Gary Clark Chief Information Officer
Kimbal Musk Director
Sector and Competitors
1st jan.Capitalization (M$)
TESLA-16.62%44 146
TOYOTA MOTOR CORP-10.66%187 670
VOLKSWAGEN-13.24%80 381
DAIMLER-25.25%65 465
BAYERISCHE MOTOREN WERKE-13.38%56 040
HONDA MOTOR CO LTD-21.83%48 635