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🚫 Elon Musk wants to cut 10% of Tesla jobs

Elon Musk told Tesla executives to pause all hiring worldwide because he had a "super bad feeling" about the economy and needed to cut 10% of the company's workforce

Tesla's annual SEC filing indicated that the company employed almost 100,000 people at the end of last year, which means thousands of jobs could be axed. Musk's comments came two days after he sent a memo to all Tesla employees to return to the office or resign.

When asked by a Twitter user whether a recession was approaching, Musk responded: "Yes, but this is actually a good thing. It has been raining money on fools for too long. Some bankruptcies need to happen."

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