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Tesla cancels three June online hiring events for China -Breaking


© Reuters. FILE PHOTO – Tesla cars are seen parked in front of a Zhongnanhai building during the meeting between Elon Musk, Tesla CEO, and Chinese Premier Li Keqiang, Beijing, China. January 9, 2019. Mark Schiefelbein/Pool via REUTERS/File Photo

SHANGHAI, (Reuters) – Tesla (NASDAQ) Inc cancelled three China-specific online recruiting events scheduled for this month. This is the latest move after Elon Musk, Chief Executive, threatened to cut jobs at Tesla. He claimed that it was overstaffed in certain areas.

Musk didn’t comment specifically about China staffing. China produced more than 50% of all the automobiles for Musk globally, and contributed 25% of its total revenue by 2021.

The company cancelled the three events for positions in sales, R&D and its supply chain originally scheduled for June 16, 23 and 30, notifications on messaging app WeChat showed late on Thursday, without stating a reason.

Tesla didn’t respond to Reuters’ request for comment Friday.

It was unclear if the notification of a June 9th event was visible, and it wasn’t immediately obvious if it was held as scheduled.

China still allows resumes to be submitted for over 1,000 positions posted on social media platforms, including those of aerodynamics engineers and supply chain managers.

Musk expressed a “super negative feeling” regarding the economy in an email to Reuters last week.

Musk sent another email on Friday to workers, saying that Tesla would decrease salaried headcount by one-tenth because it was “overstaffed”. However, Musk added that its hourly headcount will increase.

The Chinese commercial hub, COVID-19 locked down for two months late March caused severe disruption to Tesla’s Shanghai factory.

Musk’s predictions are wrong. Musk predicts that output will fall more than three-quarters this quarter.