Look what the Democrats have done to us. And you don’t have to be a clairvoyant to see how much worse it’s going to get as the Democrats continue to spend, spend, spend and vow to tax, tax, tax.

Elon Musk now tells execs Tesla needs to ‘pause all hiring worldwide’ and cut staff by 10% because he has a ‘super bad feeling’ about the economy in latest internal email

• Elon Musk told top managers he had a ‘super bad feeling’ about the economy
• The Tesla electric carmaker said he needed to cut staff by about 10 per cent
• An email with the news about was sent to company executives on Thursday

By Chris Matthews For Mailonline, 3 June 2022

Tesla Chief Executive Elon Musk told top managers he had a ‘super bad feeling’ about the economy and that the electric carmaker needed to cut staff by about 10 per cent, according to an internal email.

The email, titled ‘pause all hiring worldwide’, was sent to Tesla executives Thursday, and underscored an increasingly gloomy economic outlook for the globe, as prices soar and war in Ukraine passes its 100th day.

Musk earlier this week asked Tesla employees to return to the office or leave the company.

Tesla Chief Executive Elon Musk told top managers he had a ‘super bad feeling’ about the economy and that the electric carmaker needed to cut staff by about 10 per cent, according to an internal email

‘Everyone at Tesla is required to spend a minimum of 40 hours in the office per week,’ Musk wrote in another email sent to employees on Tuesday night.

‘If you don’t show up, we will assume you have resigned.’

The message from Musk came shortly after Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase, described the challenges facing the US economy as akin to a ‘hurricane’.

However, although financial experts acknowledged a ‘bad feeling’, many were unsure a global recession is on the cards.

Carsten Brzeski, global head of macroeconomic research at ING, said: ‘Musk’s bad feeling is shared by many people.

‘We’re talking about stagnation and a global economy which has to go through significant structural change, such as decarbonisation, deglobalisation and adjusting to older societies.

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