Seeing oil casually go up to $120 a barrel and hold it without breaking a sweat is very concerning. Feels like market is about to snap. gas in CA …wow!

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by SilverBoatSurfer

 

SAN FRANCISCO (Reuters) – Tesla (NASDAQ:TSLA) chief executive Elon Musk said the electric carmaker needs to “make a roughly 10% reduction in staff,” according to an email sent to executives on Thursday and seen by Reuters.

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In the email titled “pause all hiring worldwide,” he said: “I have a super bad feeling about the economy.”

Tesla was not immediately available for comments.

www.investing.com/news/stock-market-news/exclusivemusk-says-tesla-needs-to-cut-staff-by-10-pauses-all-hiring-2833144

 

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