Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday said employees who believe working from the office is old-fashioned could "pretend to work somewhere else" after the electric vehicle maker said remote working is no longer acceptable.
What Happened: The billionaire entrepreneur, responding to a tweet, confirmed an email doing the rounds that he asked employees to either clock a minimum of forty hours per week or leave Tesla if they wish to work remotely.
They should pretend to work somewhere else — Elon Musk (@elonmusk) June 1, 2022
The email sent by Musk to employees adds that the world’s richest person will personally review and approve exceptional cases. The memo also says employees would have to be present at the “office” where they are assigned duties and not a branch office.
See Also: Musk Threatens To Move Tesla Out Of California Over COVID-19 Lockdown Restrictions
Why It Matters: 50-year-old Musk had at the start of the Covid-19 pandemic in 2020 heavily criticized coronavirus-linked lockdowns and called them ineffective in saving lives.
Tesla at the time reopened its Fremont factory in violation of local government's pandemic-related orders and Musk threatened to move the electric vehicle maker's headquarters out of California.
Musk later announced Tesla had moved its corporate headquarters to Austin, Texas.
Price Action: Tesla stock closed 0.2% lower at $758.3 on Tuesday, according to data from Benzinga Pro.
Photo: Courtesy of Nvidia Corp. via Flickr