Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Hyunjoo Jin

Elon Musk has ‘super bad feeling’ about economy and wants to cut 10% of Tesla jobs

Reuters

Tesla tycoon Elon Musk has a “super bad feeling” about the economy and needs to cut about 10 per cent of jobs at the electric car manufacturer, he said in an email to executives.

The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return to the workplace or leave, and adds to a growing chorus of warnings from business leaders about the risks of a recession.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.