In an email to the company’s management titled “suspending all global recruitment”, Mr Musk is understood to have said he had a “super bad feeling” about the economy and that Tesla needed to cut about 10 per cent of his jobs.
According to public information, Tesla’s annual financial statements filed with the Securities and Exchange Commission (SEC) in February showed that he had 99290 employees worldwide as of the end of 2021. This means that if Tesla cuts 10 per cent, the number of layoffs will be close to 10, 000.
It is worth mentioning that Tesla has just launched a round of recruitment of a large number of technical R & D personnel in China. On May 22nd, Tesla recruitment WeChat announced the recruitment of technical R & D personnel for its R & D and innovation center in Lingang, Shanghai, covering more than 100 jobs in vehicle software, hardware design engineering, power & energy engineering, vehicle engineering and other fields.
As for the question of whether recruitment at Tesla’s Shanghai R & D and Innovation Center will be suspended, a Tesla Chinese customer service worker said in an interview with the Daily Economic News on June 3: “at present, we have not received any notice about layoffs and recruitment suspension.”
In addition, Tesla China just released a few days ago, including Chengdu, Kunming, Chongqing, Guiyang and other southwestern regions of the recruitment information, in response, the above customer service staff also responded to the reporter, “has not received the relevant notice about layoffs and recruitment suspension.”
According to Reuters, Musk asked in an email sent to Tesla employees on the evening of May 31 local time that “everyone in Tesla must work at least 40 hours a week in the office.” if you don’t show up, we will acquiesce that you have resigned.
“the higher your level, the more obvious your presence,” Musk wrote in an email. “that’s why I often live in factories so that people on the production line can see me working with them. If I hadn’t done so, Tesla would have gone bankrupt. “
As of press time, Tesla (TSLA) shares fell 3.86% to 745.06 US dollars per share before trading.