Elon Musk wants to cut Tesla jobs by 10%

Reuters reports that Tesla CEO Elon Musk has expressed doubts about the economy and may cut 10% of jobs. In an email to executives seen by Reuters, Musk said to, "pause all hiring worldwide." The hiring freeze email came just two days after Musk told Tesla staff to return to the workplace or resign. According to an annual SEC filing, nearly 100,000 people were employed by Tesla at the end of 2021. On June 3, Tesla shares fell nearly 5% in pre-market trading in the U.S.

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