Raymond James analyst Felix Boeschen downgrades C.H. Robinson Worldwide (NASDAQ:CHRW) from Market Perform to Underperform.
Tesla Layoffs To Continue Through June, Morale Low Among Workers
Tesla Inc. (NASDAQ: TSLA) employees live in fear as layoffs continue through June. CEO Elon Musk's plan to cut at least 10% of the workforce has left employees anxious, uncertain of their job security. Former sales representative Michael Minick described the situation as walking on eggshells daily. This ongoing turmoil has contributed to a 29% decline in Tesla's share value this year, with a $224 billion loss in market capitalization.
