Biff_Poindexter
Diamond Member
Elon Musk plans Tesla layoffs over 'super bad feeling' about economy, report says
In an email Thursday to Tesla executives titled “pause all hiring worldwide,” Musk explained why he thinks the company needs to cut staff, Reuters reported.
www.abc10.com
"Tesla CEO Elon Musk wants to slash jobs at the electric carmaker based on a "super bad feeling" he has about the economy, Reuters reported Friday. Musk said he needs to cut about 10% of his workforce in an email sent to company executives, according to the Reuters report. Tesla's stock has lost nearly one-third of its value since early April, shortly after Musk first suggested that he wanted to buy Twitter. Also Friday, government regulators reported that more than 750 Tesla owners have complained that cars have suddenly stopped on roadways for no apparent reason. The memo, titled "pause all hiring worldwide," said employees who don't return to their assigned offices should look for jobs elsewhere. "If you don't show up, we will assume you have resigned," he said in a follow-up email to the company's workers."
Lol, can you imagine how triggered libs will be if Elon cuts 10,000 workers and says it's because of Biden's disastrous policies?? No doubt, Elon knows the economy is collapsing and so considering cutting staff by 10% is why he is considered one of the most brilliant minds in world history.....and in a stroke of genius, if he can manage to make it to where most of these workers resigned; he is off the hook for paying any unemployment claims or any lay-off packages. The best part is, he is set to rake in 25 billion just for himself this year -- so despite the fact that Biden's economy is in shambles, at least Elon was able to muster at least a little bit of extra income to weather the storm...this will also help him to purchase Twitter sooner, which is just extra insult to the Dems...can you imagine how much lower inflation will be once Elon owns Twitter??
Elon Musk set to collect $23bn bonus after Tesla reports record quarter
Financial windfall comes as billionaire tries to buy Twitter
www.independent.co.uk
However, I don't understand why other EV car manufactures like Ford, GM and Hyundai are making the dumb decisions they are making -- are they insane?? They would be wise to cut workforce too and hold back on investment until a real President is back in control....Ford is investing nearly 4 billion in production and hiring 6000 people?? Why do this now?? Why not wait until the economy is in better hands?? GM is increasing it's hiring by 20 percent over last year..what kind of economy do they think we have?? Hyundai is planning to add 46,000 US jobs in the next 3 years?? Do you know who is president over most of that time?? What are you guys thinking?
Even companies whom we thought would know better, companies like Intel are increasing investment by 100 billion and are increasing wages by 3 billion....I thought Intel was smart enough to know better than to do something like this -- hopefully nobody knows about all of these investments and pays attention to what Elon is telling us..because he knows far more than they do...
