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Fortune
Fortune
Business
Jane Thier

Elon Musk’s Twitter obsession is hurting Tesla

Elon Musk (Credit: Odd Andersen—AFP/Getty Images)

While Elon Musk focuses on “hardcore” tactics at Twitter, he’s leaving Tesla—its employees and shareholders alike—in the lurch. According to electric vehicle news site Electrek, more layoffs and a hiring freeze are coming to Tesla in the first quarter. It’s more bad news for the company; in June, Musk asked Tesla executives to “pause all hiring,” cut a tenth of its staff, and closed a California office. 

The new report, stemming from a source familiar with the matter, comes at an already tense time for the controversial billionaire, though it remains unclear how extensive the hiring freeze will be; Tesla still intends to expand into more manufacturing locations, Electrek said.  

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