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Elon Musk has 'super bad feeling' about economy, wants to slash Tesla jobs

From edition.cnn.com

{video}Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters. The message came two days after the world's richest man told employees to return to the workplace or leave the company. Tesla (TSLA) employed around 100,000 people in the company and its subsidiaries at the end of 2021, according to its annual SEC filing. The company was not immediately available for comment. Musk's stark warning of a potential recession and the knock-on effect for automakers is the most direct and ... (full story)

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  • Category: Fundamental Analysis