Elon Musk Says He’s Cutting Ten Percent of Tesla’s Workforce Because He Has a “Bad Feeling”
The company is pausing "all hiring worldwide."Super BadTesla CEO Elon Musk is planning to cut ten percent of Tesla staff and freeze hiring worldwide because he has a "super bad feeling" about the economy, according to an email sent to executives and obtained by Reuters.Tesla shares dropped by almost three percent in premarket trading today, according to the report.Unsurprisingly, Musk did not elaborate on his rationale. But it's indicative of his larger concerns about an imminent economic downturn, which could put his car…