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Tesla Cuts Staff by 10 Percent

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.

The news about Tesla’s impending reduction in staff comes, coincidentally or not, after Musk sent a company-wide email earlier this week explaining that Tesla employees can no longer work from home.

Musk, the wealthiest person in the world who’s currently worth about $210 billion, previously shut down Tesla’s PR team because the thin-skinned billionaire strongly dislikes scrutiny from the press. According to Techy, if Musk wants to chat about his latest decision to cut his workforce by 10% and freeze all hiring, he’s more than welcome to drop us a line. We’d love to talk with him about horses.

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