Things have not been going well in Tesla, which is the first brand that comes to mind when it comes to electric cars. Although the company carries out very successful works in terms of both the number of production and sales revenue, this situation is not reflected in the stock market value.
After a period of 407 dollars, the company’s shares are now trading around 124 dollars, which shows that there is a loss of value close to 70%. Moreover, the latest situation may exacerbate this problem.
Employees revolted against Elon Musk! Alright what now?
According to the claims reported by Bloomberg, Tesla started to warn its employees as of 2021. The subject of this warning is that both salaries and working conditions are not complained to top managers. Moreover, the company strictly forbade employees’ salaries to be shared with foreigners. This may not seem so strange to us, but in Florida, where the company’s base is located, it is a very serious crime.
Under Florida law, companies cannot impose such prohibitions or pressure on their employees. On the other hand, these acts allegedly committed by Tesla constitute exactly this crime. This shows that Tesla will have a very bad headache in the near future. According to American authorities, it is highly likely that this situation will be brought to court, and it will be almost inevitable that Tesla is punished as soon as the court gets involved.