Report: Musk seeks to cut 10% of Tesla workforce

Report: Musk seeks to cut 10% of Tesla workforce

2 years ago
Anonymous $dy9SWuvIkX

https://apnews.com/59c1c028afa1b5fce5a82699c90a8980

Tesla shares tumbled more than 7% Friday on a report that CEO Elon Musk is considering laying off 10% of the company's workers, as well as new questions from U.S. regulators over complaints of the electric vehicles braking for no reason.

In an email Thursday to Tesla executives titled “pause all hiring worldwide," Musk wrote that he had a “super bad feeling” about the economy and that the company needed to cut staff, Reuters reported.