Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride

57
5
Favorite

Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride

Bloomberg2022-06-06

Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（5）

Chris Tan
·2022-06-06
Elon Musk knows a self inflicted hurricane is hitting US market. 🏃‍♂️🏃‍♂️🏃‍♂️
Reply
2
Report
Kobeba
·2022-06-06
What a great company Tesla has been. But soon Elon will drive investor nuts. Can we ban his twitter account? 😜
Reply
3
Report
hphoa
·2022-06-06
Ok
Reply
1
Report
SkyM
·2022-06-06
O
Reply
1
Report
Edwardtoh
·2022-06-06
Good
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1115382637?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-06 14:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1115382637","market":"us","top_or_hot":-1,"title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","media":"Bloomberg","content":"<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","article_id":"1115382637","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","pubTimestamp":1654497625,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"马斯克关于裁员的混杂信息让每个人都很疯狂","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9053128683,"gmtCreate":1654501413243,"gmtModify":1676535458502,"author":{"id":"4100325483048030","authorId":"4100325483048030","name":"Chris Tan","avatar":"https://community-static.tradeup.com/news/234d0c8219838a66f0165bcb29277534","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4100325483048030","idStr":"4100325483048030"},"htmlText":"Elon Musk knows a self inflicted&nbsp;hurricane is hitting US market. 🏃‍♂️🏃‍♂️🏃‍♂️","listText":"Elon Musk knows a self inflicted&nbsp;hurricane is hitting US market. 🏃‍♂️🏃‍♂️🏃‍♂️","text":"Elon Musk knows a self inflicted hurricane is hitting US market. 🏃‍♂️🏃‍♂️🏃‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053128683","repostId":1115382637,"repostType":4,"repost":{"id":"1115382637","pubTimestamp":1654497625,"share":"https://ttm.financial/m/news/1115382637?lang=&edition=fundamental","pubTime":"2022-06-06 14:40","market":"us","language":"en","title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","media":"Bloomberg","summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","content":"<html><head></head><body><ul><li>Tesla shares slumped Friday on report 10% of workers to go</li><li>CEO later said EV maker’s total headcount to rise despite cuts</li></ul><p>Tesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.</p><p>Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.</p><p>His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.</p><p>“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”</p><p><img src=\"https://static.tigerbbs.com/258b5a8e47bc7330b37b2fe51c40f7fa\" tg-width=\"863\" tg-height=\"357\" width=\"100%\" height=\"auto\"/>A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.</p><p>Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.</p><p>The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.</p><p>In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.</p><p>“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”</p><p>Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.</p><p>More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115382637","content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9053128346,"gmtCreate":1654501270085,"gmtModify":1676535458494,"author":{"id":"4108081253060460","authorId":"4108081253060460","name":"Kobeba","avatar":"https://community-static.tradeup.com/news/d4b9f427a8190f4903e580a059f12ef3","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"4108081253060460","idStr":"4108081253060460"},"htmlText":"What a great company Tesla has been. But soon Elon will drive investor nuts.&nbsp;Can we ban his twitter account? 😜","listText":"What a great company Tesla has been. But soon Elon will drive investor nuts.&nbsp;Can we ban his twitter account? 😜","text":"What a great company Tesla has been. But soon Elon will drive investor nuts. Can we ban his twitter account? 😜","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053128346","repostId":1115382637,"repostType":2,"repost":{"id":"1115382637","pubTimestamp":1654497625,"share":"https://ttm.financial/m/news/1115382637?lang=&edition=fundamental","pubTime":"2022-06-06 14:40","market":"us","language":"en","title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","media":"Bloomberg","summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","content":"<html><head></head><body><ul><li>Tesla shares slumped Friday on report 10% of workers to go</li><li>CEO later said EV maker’s total headcount to rise despite cuts</li></ul><p>Tesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.</p><p>Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.</p><p>His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.</p><p>“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”</p><p><img src=\"https://static.tigerbbs.com/258b5a8e47bc7330b37b2fe51c40f7fa\" tg-width=\"863\" tg-height=\"357\" width=\"100%\" height=\"auto\"/>A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.</p><p>Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.</p><p>The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.</p><p>In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.</p><p>“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”</p><p>Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.</p><p>More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115382637","content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9053129567,"gmtCreate":1654500976759,"gmtModify":1676535458444,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3578790486524477","idStr":"3578790486524477"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053129567","repostId":1115382637,"repostType":4,"repost":{"id":"1115382637","pubTimestamp":1654497625,"share":"https://ttm.financial/m/news/1115382637?lang=&edition=fundamental","pubTime":"2022-06-06 14:40","market":"us","language":"en","title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","media":"Bloomberg","summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","content":"<html><head></head><body><ul><li>Tesla shares slumped Friday on report 10% of workers to go</li><li>CEO later said EV maker’s total headcount to rise despite cuts</li></ul><p>Tesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.</p><p>Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.</p><p>His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.</p><p>“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”</p><p><img src=\"https://static.tigerbbs.com/258b5a8e47bc7330b37b2fe51c40f7fa\" tg-width=\"863\" tg-height=\"357\" width=\"100%\" height=\"auto\"/>A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.</p><p>Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.</p><p>The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.</p><p>In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.</p><p>“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”</p><p>Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.</p><p>More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115382637","content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9053120650,"gmtCreate":1654500820970,"gmtModify":1676535458375,"author":{"id":"4094471659185140","authorId":"4094471659185140","name":"SkyM","avatar":"https://static.tigerbbs.com/28afab4252d56a1b661680653337ef08","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4094471659185140","idStr":"4094471659185140"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053120650","repostId":1115382637,"repostType":2,"repost":{"id":"1115382637","pubTimestamp":1654497625,"share":"https://ttm.financial/m/news/1115382637?lang=&edition=fundamental","pubTime":"2022-06-06 14:40","market":"us","language":"en","title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","media":"Bloomberg","summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","content":"<html><head></head><body><ul><li>Tesla shares slumped Friday on report 10% of workers to go</li><li>CEO later said EV maker’s total headcount to rise despite cuts</li></ul><p>Tesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.</p><p>Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.</p><p>His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.</p><p>“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”</p><p><img src=\"https://static.tigerbbs.com/258b5a8e47bc7330b37b2fe51c40f7fa\" tg-width=\"863\" tg-height=\"357\" width=\"100%\" height=\"auto\"/>A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.</p><p>Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.</p><p>The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.</p><p>In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.</p><p>“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”</p><p>Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.</p><p>More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115382637","content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9053187037,"gmtCreate":1654498450129,"gmtModify":1676535458061,"author":{"id":"3586301355400538","authorId":"3586301355400538","name":"Edwardtoh","avatar":"https://static.tigerbbs.com/b46042c9b9b5dcea7d55f33bccb139cc","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3586301355400538","idStr":"3586301355400538"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053187037","repostId":1115382637,"repostType":4,"repost":{"id":"1115382637","pubTimestamp":1654497625,"share":"https://ttm.financial/m/news/1115382637?lang=&edition=fundamental","pubTime":"2022-06-06 14:40","market":"us","language":"en","title":"Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1115382637","media":"Bloomberg","summary":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount ","content":"<html><head></head><body><ul><li>Tesla shares slumped Friday on report 10% of workers to go</li><li>CEO later said EV maker’s total headcount to rise despite cuts</li></ul><p>Tesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.</p><p>Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.</p><p>His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.</p><p>“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”</p><p><img src=\"https://static.tigerbbs.com/258b5a8e47bc7330b37b2fe51c40f7fa\" tg-width=\"863\" tg-height=\"357\" width=\"100%\" height=\"auto\"/>A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.</p><p>Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.</p><p>The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.</p><p>In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.</p><p>“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”</p><p>Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.</p><p>More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk’s Mixed Messages on Job Cuts Send Everyone on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-06/musk-s-mixed-messages-on-job-cuts-send-everyone-on-a-wild-ride?srnd=premium-asia#xj4y7vzkg","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115382637","content_text":"Tesla shares slumped Friday on report 10% of workers to goCEO later said EV maker’s total headcount to rise despite cutsTesla Inc. Chief Executive Officer Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook.Musk on Saturday tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That followed his Friday message to employees that 10% of salaried workers would lose their jobs. According to people who received the memo, Musk said Tesla is overstaffed in some areas, though the cuts won’t apply to people who assemble cars or battery packs.His apparent attempt to soften the blow for Tesla’s some 100,000-strong workforce added to confusion for shareholders and observers looking for signs of an electric-car slowdown. The automaker’s stock slumped 9.2% on Friday as news of the job cuts emerged. Reuters earlier reported that Musk told some Tesla executives he was reducing staff because he had a “super bad feeling” about the economy.“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.”A prolific tweeter with more than 96 million followers, Musk has a history of convulsing markets with missives about financial and strategic matters, including hisnow-infamouspost in 2018 about securing funding for a potential Tesla buyout. That tweet landed him in trouble with regulators.Last year he polled his Twitter followers over whether he should sell 10% of his stake in Tesla, before offloading billions of dollars worth of stock.The world’s richest person has also caused ructions with his planned $44 billion acquisition of Twitter Inc. The deal passed a US antitrust review last week but is yet to close. Musk last month sowed doubt over his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts are so-called spam bots.In his latest series of communications, it’s not clear to what extent Musk is trying to ward off complacency within the workforce or trim expenses in the face of an economic downturn, faster inflation and higher borrowing costs.“Tesla is a bellwether for EV stocks so if they are taking steps to conserve cash, it points to a weak outlook,” said Bloomberg Intelligence analyst Steve Man. “Tesla’s announcement will put sales outlook on investors’ radar.”Tesla, which went public in June 2010, has been through cycles of rapid growth and reversals before. It laid off about 700 workers in 2017 amid what Musk termed a “production hell” for the debut of the Model 3 sedan. A year later, the company let go 9% of its employees as it struggled to ramp up output.More than 40% of the Austin, Texas-based company’s staff is now global as it expands rapidly outside the US and nearly 40% work on production lines.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":57,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}