TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%
TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%
TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%

Elon Musk tells Tesla to stop hiring, suggests 10% job cuts

Elon Musk

After already garnering a slew of attention last week after telling employees they must return to the office or be fired, Tesla Chief Executive Officer Elon Musk is making headlines again. He has reportedly now told executives to “pause all hiring worldwide” and also suggested a ten percent reduction in Tesla’s current workforce.

Musk has been expressing his concern about a possible recession for a while, noting he has a “super bad feeling” about the current economic conditions. He is the first automotive CEO to express concern to a level this extreme, but his email did not expand on his worries.

If ten percent of the Tesla workforce is laid off, it would amount to somewhere around 10,000 affected employees globally. While workers in the U.S. are undoubtedly unhappy with the announcement, many of the automaker’s employees in Germany and the largest metalworker union in the country, IG Metall, vehemently oppose the possible move.

One of IG Metall’s leaders, Birgit Dietze, provided a strong statement of opposition, responding to the matter with, “Whoever does not agree with such one-sided demands and wants to stand against them has the power of unions behind them in Germany, as per law.”

Despite the potential shakeup in the workforce and ongoing issues with factory shutdowns in China, Reuters reported Tesla sales are remaining strong and that the automaker has not had to start offering things such as incentives for dealers and customers.


Did you enjoy this article from Kimberly Hurley? Read other articles on CBT News here. Please share your thoughts, comments, or questions regarding this topic by submitting a letter to the editor here, or connect with us at newsroom@cbtnews.com.

Be sure to follow us on Facebook and Twitter to stay up to date or catch up on all of our podcasts on demand.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

dealers

More from Articles
Your car may be recording your texts – and selling your driving data

Your car may be recording your texts – and selling your driving data

- October 9, 2026
Your car may be collecting far more than the miles on your odometer. Depending on the vehicle and connected services, it can capture information about where you drive, how you...
FTC targets Greenway Auto Group over $3,350 in alleged hidden fees

FTC settles with Greenway Auto Group over alleged $3,350 hidden fees

- October 9, 2026
On the Dash: The FTC alleges Greenway charged consumers an average of more than $3,350 above advertised prices in over 92% of transactions. The proposed order requires advertised prices to...
Honda targets 2027 for wireless in-motion EV charging tests

Honda targets 2027 for wireless in-motion EV charging tests

- October 9, 2026
On the Dash: Honda and its partners plan to begin demonstration testing of wireless in-motion EV charging in April 2027. The system is designed to deliver up to 150 kW...
Chevrolet adds Z71 off-road trim and safety upgrades to 2027 Trax and Trailblazer

Chevrolet adds trim options and safety upgrades to 2027 Trax and Trailblazer

- October 9, 2026
On the Dash: Both models gain more than 20 standard safety and driver assistance features for 2027. Trailblazer gets a new Z71 trim with standard AWD and an off-road-tuned suspension. ...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.