Elon Musk says Tesla needs to cut staff by 10%, pauses all hiring


Founder and CEO of Tesla Motors Elon Musk. - REUTERS/James Glover II

SAN FRANCISCO: Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters.

The message came two days after the world's richest man told employees to return to the workplace or leave the company.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tesla , Elon Musk , carmaker , recessions

Next In Business News

Yoong Onn’s Singapore unit appoints contractor for RM41.18mil project
MR DIY 2Q26 net profit falls to RM134.4mil
Sports Toto disposes of stakes in 7-Eleven, Berjaya Assets for RM16.61mil
Ringgit higher against major currencies, eases against greenback at close
Tex Cycle eyes further growth as it expands environmental solutions business
West River wins RM22.56mil sub-contract from China State Construction
NEEAP 2.0 targets RM85.24bil utility savings, 11.6% cut in energy demand by 2035
Inokom launches RM300mil Paint Shop 3 in Kulim
Maybank completes RM4.8bil Tier 2 sukuk issuance
NEXG subsidiary inks MoC's for business expansion

Others Also Read