Tesla to sack 10% staff, pauses new hirings: Musk

According to an internal email reviewed by media, Tesla (TSLA.O) CEO Elon Musk said he had a “very awful feeling” about the economy and that the electric automaker needs to slash workers by approximately 10%.

On Thursday, Tesla executives received an email with the subject line “stop all recruiting worldwide.”

Tesla did not respond to a request for comment right away.

Tesla employees were given the option of returning to work or leaving the firm earlier this week, according to Musk.

“Everyone at Tesla is obligated to spend at least 40 hours in the office each week,” Musk said in another email to staff on Tuesday night.

“We’ll think you’ve quit if you don’t show up.”

Tesla Inc Chief Executive Elon Musk has asked employees to return to work or leave the company, according to an email acquired by the media.

“The more senior you are, the more clear your presence must be,” Musk wrote. “That’s why I stayed at the plant for so long, so the folks on the line could see me working alongside them.” If I hadn’t done it, Tesla would have gone bankrupt long ago.”

Latest articles

EV sales go up in Australia by 185%

In a noteworthy turn of events, Australia has experienced a substantial surge in electric vehicle (EV) sales throughout the current year, with figures more...

Queensland coast can witness first cyclone this summer

Off the coast of Queensland, a tropical low-pressure system is exhibiting a high likelihood of evolving into the initial cyclone of the summer season....

First Nations people still disappointed in Australia

Following the recent setback of the voice to parliament referendum, the Australian public finds itself in a state of uncertainty regarding the government's plan...

Landslides kill over 50 people in Tanzania

In a heart-wrenching turn of events, northern Tanzania is reeling from the aftermath of devastating landslides triggered by flooding, claiming the lives of at...

Related articles