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Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring

06/03/2022

Less than a minute

2022.06.03 10:16

Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring
FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/File Photo

SAN FRANCISCO (Reuters) – Tesla (NASDAQ:TSLA) chief executive Elon Musk said the electric carmaker needs to “make a roughly 10% reduction in staff,” according to an email sent to executives on Thursday and seen by Reuters.

In the email titled “pause all hiring worldwide,” he said: “I have a super bad feeling about the economy.”

Tesla was not immediately available for comments.

06/03/2022

Less than a minute

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