Elon Musk has 'super bad feeling' about economy, Tesla layoffs coming

Elon Musk has a 'super bad feeling' about the economy, with Tesla layoffs beginning soon in 'emails seen by Reuters' of course.

@anthony256
Published Sun, Jun 5 2022 10:56 PM CDT   |   Updated Sun, Jun 26 2022 11:50 PM CDT

Elon Musk says that he has a "super bad feeling" about the economy, and that Tesla staffers will be laid off -- about 10% of salaried staff -- according to Reuters, that is.

The outlet reports that Elon said these things in emails seen by Reuters, and that a letter to executives on Thursday last week "laid out his concerns" and told them to "pause all hiring worldwide". The story continues, with Reuters reporting another email was flown out on Friday saying that Tesla will be reducing salaried headcount by 10%, as it has become "overstaffed in many areas" but "hourly headcount will increase".

Elon continued in the email seen by Reuters: "Note, this does not apply to anyone actually building cars, battery packs or installing solar".

Elon Musk hasn't made things clearer with the Tesla layoffs, but he did reply to a tweet from @WholeMarsBlog that said "Over the next 12 months Tesla's headcount will increase @elonmusk" to which Elon replied, saying: "total headcount will increase, but salaried should be fairly flat".

Elon Musk has 'super bad feeling' about economy, Tesla layoffs coming 04 | TweakTown.com
NEWS SOURCE:reuters.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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