Tesla’s CEO Thinks The Company Needs To Cut Staff By 10%; Pause All Hiring
Elon Musk, the CEO of Tesla and SpaceX, sent an email on Thursday saying that his company needed to cut staff by 10 per cent until it can achieve profitability. With a hefty cost accounting for shooting up the price of Tesla cars in China, the CEO is hoping skills changes will reduce expenses and […]
Elon Musk becomes the first person in history to lose $200 billion in net worth
Tesla and Twitter CEO Elon Musk has lost $200 billion from his net worth but is still making jokes on Twitter. After Tesla shares dropped recently, Musk’s wealth dropped to $137 billion, according to Bloomberg. His electric car company’s shares are down nearly 65 percent. Musk became the world’s richest person for the first time […]