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Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring -Breaking

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© Reuters. FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk seems on as he visits the development website of Tesla’s gigafactory in Gruenheide, close to Berlin, Germany, Could 17, 2021. REUTERS/Michele Tantussi/File Picture

SAN FRANCISCO (Reuters) – Tesla (NASDAQ:) chief government Elon Musk stated the electrical carmaker must “make a roughly 10% discount in employees,” in response to an e-mail despatched to executives on Thursday and seen by Reuters.

Within the e-mail titled “pause all hiring worldwide,” he stated: “I’ve an excellent dangerous feeling concerning the financial system.”

Tesla was not instantly obtainable for feedback.

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