An internal Tesla email under the subject line “Pause all hiring globally” reveals the billionaire’s gloomy predictions.
Billionaire Elon Musk has a “bad feeling” about the world economy, which is why he says he needs to lay off 10% of employees at Tesla , his electric car company.
Musk disclosed these intentions in an internal email to executives, which was reviewed by Reuters .
“Pause all hiring globally,” is the subject of the email sent by Elon Musk on Thursday. Two days earlier he had warned Tesla employees that not going to work in person would be “considered a resignation.”
How many people would Elon Musk fire?
According to documents filed with the United States Securities and Exchange Commission (SEC), Tesla had 100,000 employees at the end of 2021.
Elon Musk would fire about 10 thousand employees if we consider these figures.
While fears of a global recession have been voiced by various experts, Musk did not explain the reasons for his “bad feeling.”
And the purchase of Twitter?
Elon Musk announced in May that he would buy Twitter for $44 billion to make it a private company.
The billionaire was selling Tesla shares and taking out loans to complete the purchase.
However, there are controversies, such as the presence of social network bots, which Elon Musk wants to use to obtain a “discount” on the purchase that does not yet seem in its final phase.