Musk wants to cut 10% of Tesla jobs, pauses all hiring

Tesla Musk 2020 — In an email titled "pause all hiring worldwide," Musk said he had a "super bad feeling" about the economy. (Joe Skipper/REUTERS)

By:

Reuters

June 03, 2022 08:50 AM

SAN FRANCISCO -- Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10 percent of jobs worldwide at the automaker, he said in an email to executives seen by Reuters.

Featured Stories

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane

Who are the auto winners from Trump’s tariffs? It’s not that simple

Tariffs could push up new-vehicle prices, testing limits of affordability

Latest News

Daily 5 report for April 14: Is anyone benefiting from tariffs?

Mini charts course to mainstream market with bigger, practical Countryman

Live updates on tariffs: Trump considers auto parts exemptions

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Automotive News Europe Congress panel: A Bumpy Road to Electrification

GM to idle CAMI BrightDrop plant in Ontario for 5 months

Take a look at how tariff stacking impacts vehicles and parts

EU, China explore minimum prices for Chinese EVs to replace tariffs

Staying current is easy with newsletters delivered straight to your inbox.