Tesla Stock Slumps As Elon Musk Has ‘Super Bad Feeling’ On Economy, Seeks Job Cuts – Report

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The Street

By Martin Baccardax Days after demanding Tesla executives return to the office, CEO Elon Musk could be ready to pare 10% of the carmaker’s 100,000 strong workforce. Tesla (TSLA) – Get Tesla Inc Report shares moved lower Friday following a report that suggested CEO Elon Musk is looking to pare around 10% of the carmaker’s global workforce. Musk, who just days ago excoriated Tesla executives who wished to work from home, told employees he has a “super bad feeling” about the economy and wishes to “pause all hiring” for the clean-energy carmaker and trim around 10% of its 100,000 headcount, accord…

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