Less than a week after telling his employees that working from home is only for lazy people trying to scam their bosses with “pretend” jobs, Tesla CEO Elon Musk sent yet another email out to his executives, this time providing everyone his expert financial analysis on the health of global markets: Somehow, someway, he has a “super bad feeling” about it, okay?
In a message entitled “pause all hiring worldwide” sent yesterday and seen by Reuters, Musk explained to his higher-ups that he’s getting the sense all this geopolitical instability, 40-year-high inflation, slow pandemic recovery, and climate crises, bodes poorly for the economy at large. As such, he thinks it’s probably a good time to go ahead and cut roughly 10 percent of Tesla’s total workforce. As Reuters notes, this also presumably nixes the estimated 5,000 Tesla job postings recently open via LinkedIn. According to 2021 SEC filings, the luxury EV maker counted nearly total 100,000 employees. Tesla stock was down over 7 percent as of writing this.
