By TipRanks
Tesla: Musk’s Economy Warning Demands Attention, Says Morgan Stanley
As if investors weren’t jittery enough about the state of the global economy, Tesla (TSLA) CEO Elon Musk has now further added to the heebie-jeebies. In an email to Tesla employees, Musk said the company will not only pause hiring but that it will have to let go of 10% of the workforce. If that wasn’t bad enough, Musk also said he had a “super bad feeling” regarding the economy. Should investors go into panic mode, then? Maybe not quite yet, although according to Morgan Stanley’s Adam Jonas, wit
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