Elon Musk backtracks on job cuts, says Tesla salaried staff to be 'fairly flat'

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Elon Musk backtracks on job cuts, says Tesla salaried staff to be 'fairly flat'
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\u0022Total headcount will increase, but salaried should be fairly flat,\u0022 Elon Musk tweeted in a reply to an unverified Twitter account.

Tesla’s shares sank 9.2% on Friday on the news.

According to a Tesla U.S. regulatory filing, the company and its subsidiaries had almost 100,000 employees at the end of 2021. Ahead of his emails on staffing levels, Musk on Wednesday in an email to Tesla employees issued an ultimatum to return to the office for a minimum of 40 hours a week. Failure to do so would be taken as a resignation, he wrote.

Musk on Thursday said Tesla’s AI day has been pushed to Sept. 30, and said a prototype of Optimus, a humanoid robot that is a company priority, could be ready by then and could be launched next year

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