Tesla increases wages at German gigafactory by 4%

BERLIN (Reuters) – Tesla (NASDAQ:TSLA) has raised the wages of all employees at its gigafactory outside Berlin by 4% since the start of November, the U.S. carmaker said on Tuesday.

“Immediately after the announcement of the transfer of 500 temporary workers to permanent, unlimited employment contracts, this is further particularly welcome news for our workforce – especially at a time when many companies in the German automotive industry are talking about job cuts and plant closures,” said human resources director Erik Demmler.