Elon Musk: I Have Very Bad Feelings About the Economy

Tesla CEO Elon Musk said he has very bad feelings about the economy.

In these days of contraction and pauses in employment, a comment about the economy came from Tesla and SpaceX CEO Elon Musk. According to a report by CNN, Musk stated that he wants to remove 10% of Tesla employees, saying that he has bad shares about the economy.

Before this comment, Musk wrote an e-mail to senior executives at Tesla and said that all hiring worldwide should be paused. In the e-mail, which included the statements that “everyone at Tesla needs to spend at least 40 hours a week in the office”, it was also stated that it will be assumed that employees who will not come to the office have resigned.

A similar comment came from JPMorgan Chase CEO Jamie Dimon recently. Dimon stressed the need to be prepared for an economic hurricane.

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