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Economy

“Musk feels ‘super bad’ about economy, needs to cut 10% of Tesla jobs”

“Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters… Musk’s gloomy outlook echoes recent comments from executives including JPMorgan Chase & Co CEO Jamie Dimon and Goldman Sachs President John Waldron…”

https://finance.yahoo.com/news/exclusive-musk-says-tesla-needs-070712003.html

Looks like things are about to get rough. Hope for the best. Prepare for the worst.

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