Consumer Discretionary Tesla Inc (TSLA) Finally Responded to Grohmann Engineering Workers

Tesla Inc (TSLA) Finally Responded to Grohmann Engineering Workers

Published By News Desk at April 21, 2017 08:51 am Tesla announced to raise the salaries of its employees and also gave them a one-time bonus

Production of Tesla Inc. (NASDAQ:TSLA) Model 3 is just around the corner with the company currently performing different tests on the car before it goes into the final production stage. But the company has been facing some problems which include employees at Fremont Facility raising their voices to unionize the workforce. And now Tesla Advanced Automation (formerly Grohmann Engineering) employees in Germany are now threatening to go on strike.

It now looks as if CEO Elon Musk has decided that there will be no delays in the car's production and will personally try to solve all the issues. According to a report by Electrek, Elon Musk has now had a Q&A session with the employees of Tesla Advanced Automation last week and has offered to increase their salaries under the new offer.

Employees had been asking for job security after it was reported that Tesla canceled all orders of Grohmann Engineering previous clients to focus on production of Model 3. Employees believed that by canceling orders they were limited to only Tesla and there is no diversification in clientele which can be a problem in the future.

However, Musk assured that there would not be any staff reduction in the company. He said, “I would like to assure everyone at Tesla Grohmann that we will not reduce our workforce or make redundancies for the foreseeable future, and absolutely not for the next five years. Even after these five years, we expect further growth at Tesla Grohmann and no staff reduction.”

Musk also increased the salaries by 150 euros per month with a one-time bonus of 1,000 euros, and 10,000 shares of the company over the course of four years. The employees received what they wanted and are happy that the company has finally listened to them. It seems as if the strike threat looming on the company’s head at Tesla Advanced Automation may be over for now.