Reuters reveals that Elon Musk wants to cut 10% of Tesla jobs

Reuters was first to report that Elon Musk plans to cut 10% of staff and freeze hiring, citing a “super bad” feeling about the economy. The internal email, seen by Reuters, stirred investor concern about the health of the global economy, the auto industry and the electric car maker. Nasdaq fell 1% in premarket trading following the Reuters story, while shares of Tesla dropped 7% when the market opened in New York. 

The post Reuters reveals that Elon Musk wants to cut 10% of Tesla jobs appeared first on Reuters News Agency.

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