The textbook legal definition of minimum wage goes something like this: “It is the lowest hourly rate, mandated by governments (Federal and/or State), that a worker may be paid”.
"While work has been done over the years to update the brand in a manner intended to be appropriate and respectful, we realize those changes are not enough."
Hours after Tesla slashed Model S prices by $5,000, it is revealed that California registrations crashed 37% for April and May combined. At the same time, Morgan Stanley analyst Adam Jonas continues to worry about demand issues in China he raised less than a week ago.