Tesla Chief Executive Officer (CEO) of Elon Musk has said that he is “feeling very bad” about the economy and that the electric car maker will need to cut staff by about 10%. According to Reuters, This information has come to the fore in a Tesla internal email sent to his team. The title of this email is “Holding New Jobs Around the World”. It was sent to Tesla executives on Thursday.
Tesla did not immediately respond to a question about this. Elon Musk had earlier told Tesla employees to either return to the office or leave the company. Elon Musk told Tesla employees on Tuesday night, “In another email sent Tuesday night, Elon Musk wrote, “Everyone at Tesla needs to spend at least 40 hours a week in the office. If you don’t come, we will assume that you have resigned.”
Elon Musk, the CEO of Tesla (Tesla), the world’s famous company that makes electric vehicles (EV), recently sold shares of his company Tesla for $ 4 billion. The world’s richest businessman Elon Musk sold these shares to complete the $ 44 billion Twitter deal. Elon Musk gave this amount for 100 percent stake in Twitter. It is believed that he sold shares of his company to arrange money for his planned purchase of Twitter. According to Reuters, The value of these shares stood at $3.99 billion.
This information has come from American securities filings. At the same time, after the news of selling the shares came out, a tweet was also made by Musk. In which he confirmed, saying that “there are no plans to sell Tesla shares after today.” But the deal between Twitter and Elon Musk is also stuck for some issues.