Tesla Expands Production In Germany, As VW Cuts 100,000 Jobs

BREAKING: S&P 500 Closes Just Below Key Level In Divergent Week

Tesla and Volkswagen are taking vastly different paths in the latter's home country of Germany. On Thursday, Tesla announced it would hire 1,000 more employees at its Berlin Gigafactory and expand production by 20% starting in October. Meanwhile, Volkswagen plans to cut 100,000 jobs and close four factories in Germany, according to Manager Magazin, which first reported the news. The…

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Fuente original: Yahoo Finance (https://www.investors.com/news/tesla-berlin-gigafactory-vw-job-cuts-auto-industry-germany/?src=A00220&yptr=yahoo)