After seeing the stock market reaction to his attempts to manipulate the economy, the billionaire son of an emerald mine owner, Elon 'Pedo Guy' Musk reversed his position on a 10% reduction in force at Tesla. Now they'll be increasing headcount.
I guess he refined that superbad feeling.
"Total headcount will increase, but salaried should be fairly flat," Musk tweeted in a reply to an unverified Twitter account that made a "prediction" that Tesla's headcount would increase over the next 12 months.
Musk in an email to Tesla executives on Thursday, which was seen by Reuters on Friday, said he has a "super bad feeling" about the U.S. economy and needed to cut jobs by about 10%. read more
In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by 10%, as it has become "overstaffed in many areas." But "hourly headcount will increase," he said.
Tesla's shares sank 9.2% on Friday on the news.
The declining value of TSLA shares may also play an outsize role in Elon Musk changing his mind about owning Twitter.
