Musk posts nonsense on Twitter, and Tesla's stock falls by 9% as a result.

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On Friday, a report from Reuters stated that Tesla CEO Elon Musk planned to downsize his personnel by 10 percent, which caused the company's shares to plummet by 9 percent.

Reuters looked into an email that Elon Musk sent to leaders at Tesla in which he expressed anxiety about the state of the economy.

Musk is reported to have told Reuters that he has a "very awful feeling" about the state of the economy and that Tesla needs to reduce the size of its personnel by around 10 percent as a result.

Reuters reports that Musk did not elaborate on the reasons for his "very awful feeling" in the email.

This year, Tesla share prices have also been under pressure as a direct result of Elon Musk's plan to purchase Twitter for $44 billion.

The share price of Tesla, which is controlled by Elon Musk, dropped by nine percent in a single day.

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Elon Musk, CEO of Tesla, who has threatened to purchase Twitter and turn it into 8chan because he genuinely wants the title of Worst Person in the World and believes he hasn't done enough to earn it, has drastically reduced the number of employees working for him out of concern that rising inflationary costs will make his business unsustainable.

It goes without saying that it was of no use to him in the eyes of a company or nation that had already gotten over him.

The news that Tesla CEO Elon Musk intends to cut the company's workforce has caused the company's stock to drop by more than 9 percent.

'Tesla shares plunged more than 9 percent on Friday as CEO Elon Musk announced a hiring moratorium and 10 percent job cuts at his electric car and renewable energy firm,' according to a report by CNBC.

Reuters made public late on Thursday night an email that Elon Musk had sent to officials at Tesla in which he expressed "great anxiety" about the state of the economy and encouraged them to reduce their workforce.


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