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1/15, 9:27 PM (Source: TeleTrader)
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Tesla sales staff petition for base pay increase

A group of Tesla employees started a petition on Coworker.org and are asking for an increase in base pay for the Tesla Adviser position and the VPS position within the company.

The letter, signed by Dare Brewer who works at a Virginia Tesla location, demands a 15% base pay increase as a result of a recent "devastating decrease in commission." The petition notes that the base pay increase would bring Tesla sales employees "closer to a living wage." As of Wednesday afternoon, the petition was signed by 202 individuals with the aim set at 300.

Tesla shares traded 2.19% in the red at 3:21 pm ET as the company's stock price entered a correction after it surged to an all-time high of $547.41 earlier this week.

Breaking the News / VP