Tesla’s value fell 6% early Friday on news that company CEO Elon Musk wants to cut the electric vehicle maker’s workforce by 10%.
In an email addressed to company executives and leaked to the media in the United States, Musk requested a pause in new hiring and the dismissal of 10% of its workforce, around 10,000 people.
Musk justified his demands because he has a feeling the economy is headed for a rough patch.
The leak of Musk’s email comes two days after he learned of another message from the world’s richest man in which he gave an ultimatum to Tesla employees.
Musk, whose eccentricities have caused controversy in recent years, told Tesla workers to forget about working remotely and that they have to choose between spending a minimum of 40 hours a week at the company’s offices or leaving the company. Automobile manufacturer.
"Anyone who wants to work remotely needs to be in the office for a minimum (and I want to stress ‘minimum’) of 40 hours a week or leave Tesla."Musk said
Musk justified his decision because, he said, the creation and production of the most interesting products on the planet cannot be done through phone calls.
In April, Tesla reported a record net profit in the first quarter of the year of 3,318 million dollars, 658% more than in the same period of 2021.
Tesla has automobile and battery production plants in the United States, China and Germany. In 2021 it had its best year with the production of 930,422 vehicles and the delivery of 936,172.
The eccentricities of Musk, who by his own admission slept for weeks at Tesla’s Fremont assembly plant when the automaker was going through its toughest times, have been on the rise in recent years.
At the beginning of the pandemic, in April 2020, Musk called the sanitary restrictions imposed by California authorities to prevent the spread of the disease in workplaces fascist and ignored orders to close the Fremont plant for days.
Musk also repeatedly ignored instructions received from stock market authorities regarding his communications via Twitter.
Precisely, Musk has made an offer worth 44,000 million dollars for the purchase of Twitter.
