Tesla needs to cut staff by 10%, pauses all hiring

G GOWTHAM
According to an email sent to tesla executives on thursday and reviewed by Reuters, Elon Musk stated the electric manufacturer has to "make an approximately 10% reduction in employees." "I have an extremely awful feeling about the economy," he wrote in an email headed "stop all hiring internationally." tesla did not respond to a request for comment right away.

Tesla employees were given the option of returning to work or leaving the company earlier this week, according to Musk. "Everyone at tesla is obligated to spend at least 40 hours in the office per week," Musk said in another email to employees on tuesday night. "We'll think you've resigned if you don't show up."

According to an internal email reviewed by Reuters, tesla CEO Elon Musk said he had a "very awful feeling" about the economy and that the electric carmaker needs to eliminate workers by approximately 10%. On thursday, tesla executives received an email with the subject line "stop all hiring worldwide." tesla did not respond to a request for comment right away. tesla employees were given the option of returning to work or leaving the company earlier this week, according to Musk. "Everyone at tesla is obligated to spend at least 40 hours in the office per week," Musk said in another email to employees on tuesday night.

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