Elon Musk says Telsa will increase workforce days after sending

On Jun 5, 2022

Tesla’s employee headcount will rise over the next year, Elon Musk said Saturday — despite an earlier report that he planned to make cuts at his company over concerns about the economy.

“Total headcount will increase, but salaried [sic] should be fairly flat,” Musk tweeted in response to a Twitter account predicting Tesla’s staff would rise over the next 12 months.

The multibillionaire’s tweet came two days after he told Tesla employees in an email that he has a “super bad feeling” about the state of the US economy, and needed to lay off around 10% of the electric car maker’s workforce, Reuters reported Friday.

Tesla reps could not immediately be reached for comment.

The company employs nearly 100,000.

Tesla’s shares closed down 9.2% on Friday.

FILE - Tesla CEO Elon Musk attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany, Tuesday, March 22, 2022. Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Musk and his $44 billion bid to buy the social media platform. Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728. — Musk told Tesla employees earlier this week that he has a “super bad feeling” about US economy — so much so that he will need to lay off around 10% of its workforce.