Tesla's Musk Says Co. Needs to Reduce Staff by 10%, Reuters Reports

Dow Jones2022-06-03

--Tesla Inc. Chief Executive Elon Musk said the U.S. electric auto maker needs to reduce staff by roughly 10%, Reuters reports, citing an internal email that the news agency had seen.

--Musk said he had a "super bad feeling" about the economy, Reuters reports, citing the email. The email, which was titled "pause all hiring worldwide," was sent to Tesla's executives on Thursday, according to Reuters.

Full story: https://reut.rs/3x2xN17

Write to Ronnie Harui at ronnie.harui@wsj.com

$(END)$ Dow Jones Newswires

June 03, 2022 04:00 ET (08:00 GMT)

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Comments

Guardian_J
2022-06-05
Guardian_J
Wao
Margin Buu
2022-06-03
Margin Buu
OH NO! Tesla to $630!!!
YnWa
2022-06-03
YnWa
market influencer

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