Sunday, June 5, 2022

Elon Musk has a “Super Bad” Feeling About the Economy

Elon has been a big hit among conservatives lately.  He is taking on some Liberals in Twitter wars and has emerged, to some anyway, as a new Conservative hero.  We aren’t sure he is a Conservative though and he certainly hasn’t announced that he has a biblical world view.  That being said he is a savvy businessman and he now is saying he has a super bad feeling about the economy.  

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SAN FRANCISCO, June 3 (Reuters) - Tesla (TSLA.O)CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.

A message sent to executives on Thursday laid out his concerns and told them to "pause all hiring worldwide." The dire outlook came two days after the billionaire told staff to return to the workplace or leave and adds to a growing chorus of warnings from business leaders about the risks of recession.

 https://www.reuters.com/technology/exclusive-musk-says-tesla-needs-cut-staff-by-10-pauses-all-hiring-2022-06-03/

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