Tesla is losing value as 10% of its workforce is likely to be laid off

In an email to company executives and leaked to the United States media, Musk has called for the cessation of new hires and the laying off of 10% of the workforce, or about 10,000 people.

Musk justified his demands because He feels that the economy is entering a difficult period. The email leak by Musk came two days after he became aware of another message from the richest man in the world. An ultimatum to Tesla employees.

Musk, whose eccentricities have caused controversy in recent years, said: Tesla employees forgetting to work remotely and that they had to choose between spending at least 40 hours a week in the company’s offices or leaving the automaker.

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“Anyone who wants to work remotely must be in the office at least 40 hours a week (and I want to emphasize ‘minimum’) or leave Teslasaid Musk.

Musk justified his decision because he said that the creation and manufacture of the most interesting products on the planet cannot be done with phone calls. In April, Tesla reported a record net profit of $3,318 million in the first quarter of the year, 658% more than in the same period of 2021.

Tesla has plants Automobile and battery manufacturing in the United States, China and Germany. 2021 had its best year with a production of 930,422 units and deliveries of 936,172 units. Musk’s quirks have been on the rise in recent years, as he’s spent weeks sleeping at Tesla’s Fremont assembly plant, by his own admission, while the automaker is going through its toughest times.

At the start of the epidemic, in April 2020, Musk called the sanitary restrictions imposed by California officials to prevent the spread of the disease in his workplaces as fascist and ignored orders to shut down the Fremont factory for days. Musk has also repeatedly ignored instructions received from exchange officials regarding his communications via Twitter. Full, Musk made a $44 billion bid to buy Twitter.