Musk has a good view into China, maybe it ain't so swell.
Elon Musk is reportedly looking to cut the Tesla (NASDAQ:TSLA) workforce by about 10%.
Musk wrote he was looking at those cuts and had a "super bad feeling" about the economy in an email to Tesla (TSLA) executives with the subject line "pause all hiring worldwide" that was seen by Reuters.
TSLA shares are down 3.3% in premarket trading.
He has said before that he thinks that the economy is moving into a recession, but has also tweeted the contractions can serve an "economic cleansing function."
TSLA has about 100,000 employees worldwide.
Elon Musk wants 10% job cuts at Tesla, has 'super bad' feeling on economy - Reuters
TSLA +4.68%Jun. 03, 2022 6:06 AM ET42 CommentsElon Musk is reportedly looking to cut the Tesla (NASDAQ:TSLA) workforce by about 10%.
Musk wrote he was looking at those cuts and had a "super bad feeling" about the economy in an email to Tesla (TSLA) executives with the subject line "pause all hiring worldwide" that was seen by Reuters.
TSLA shares are down 3.3% in premarket trading.
He has said before that he thinks that the economy is moving into a recession, but has also tweeted the contractions can serve an "economic cleansing function."
TSLA has about 100,000 employees worldwide.