Tesla Stock Falls as Report Says Elon Musk Wants to Cut 10% of EV Maker’s Staff

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Updated June 3, 2022 5:54 am ET / Original June 3, 2022 4:24 am ET

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Elon Musk wants to cut about 10% of jobs at Tesla, with the chief executive of the electric-vehicle maker saying he has a “super bad feeling” about the economy, according to an email to executives that was seen by Reuters.

The email was titled “pause all hiring worldwide,” Reuters reported. Tesla has about 100,000 employees worldwide.


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