Tesla to Cut Staff by 10% as Musk Says He Has 'Super Bad Feeling' About Economy: Repo

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Tesla to Cut Staff by 10% as Musk Says He Has 'Super Bad Feeling' About Economy: Repo

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04-06-2022, 06:50 AM

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Tesla to Cut Staff by 10% as Musk Says He Has 'Super Bad Feeling' About Economy: Repo

An honorable member of the Coffee Shop Has Just Posted the Following:

Tesla to Cut Staff by 10% as Musk Says He Has 'Super Bad Feeling' About Economy: Report

Tesla's stock price is down 35% over the past year.

Tesla will cut its workforce by about 10% because CEO Elon Musk has a “super bad feeling” about the future of the economy, according to a new report from Reuters. The news agency cites an internal memo that was reportedly sent to Tesla executives and noted the electric car company would be pausing all hiring across the globe.

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