Tesla will fire employees and introduce a hiring freeze across the entire company. Several critics blame Elon Musk for the fact that things are going so badly for the big electric car manufacturer. He has spent far too much energy on Twitter and not enough energy on Tesla, it says.
The electric car giant Tesla is preparing for another round of layoffs in it
the first quarter of 2023.
This is reported by the tech media TechCrunchciting a new report from Electrek.
At the same time, the Musk-owned car manufacturer is preparing for a hiring freeze across the entire company after hiring was opened in the second half of 2022 after a round of layoffs was carried out in June and a hiring freeze was introduced.
The announcement of the layoffs comes at a time of crisis, when many companies face an uncertain economic future, but also in the wake of a very tough period for the car giant, where Tesla has experienced massive falls on the stock market.
The massive decline began in late September and early October. It became even worse after Elon Musk took over the helm after he had bought the social media for 44 billion kroner.
Since then, he and Twitter have been hit with one scum case after another.
Elon Musk has stated that the poor share price is due to a general problem in the stock market that is a product of rising interest rates and a generally volatile stock market.
However, critics point out that Musk has been distracted and too busy with Twitter, which has contributed to the poor numbers for Tesla.