The latest news comes just two days after the world's richest man told employees to return to the workplace or leave the company
Tesla will be pausing hiring worldwide and jobs cuts are coming at the electric carmaker.
Tesla CEO Elon Musk says he has a "super bad feeling" about the economy and wants to cut about 10% of jobs, according to an email to executives on Thursday seen by Reuters.
Shares of Tesla are down 3% in premarket trading.
In late May, when asked by a Twitter user whether the economy was approaching a recession, Musk said, "Yes, but this is actually a good thing. It has been raining money on fools for too long. Some bankruptcies need to happen."
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Tesla will be pausing hiring worldwide and jobs cuts are coming at the electric carmaker.
Tesla CEO Elon Musk says he has a "super bad feeling" about the economy and wants to cut about 10% of jobs, according to an email to executives on Thursday seen by Reuters.
Shares of Tesla are down 3% in premarket trading.
In late May, when asked by a Twitter user whether the economy was approaching a recession, Musk said, "Yes, but this is actually a good thing. It has been raining money on fools for too long. Some bankruptcies need to happen."
Musk says Tesla to pause hiring, wants to cut 10% of staff: report
Tesla will be pausing hiring worldwide and jobs cuts are coming at the electric carmaker.The company had around 100,000 employees at the end of 2021
