June 27, 2022

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Elon Musk “hates” fixed wages

Elon Musk, CEO of Tesla, shocked workers by talking about job cuts at the largest electric car maker.

Musk announced Tuesday that the company plans to reduce the number of fixed-wage workers by about 10% over the next three months.

At the same time, he called for an increase in the number of workers being paid on the basis of long working hours.

“One more year, I think the number of our workers will be higher for everyone on a fixed or hourly wage, but for now there will be a cut,” Musk told Bloomberg News Editor-in-Chief John Mickletvet. .

At the beginning of the year the number of employees in the company was close to 100,000.

He said the main problems facing the company are supplies rather than competition with other automakers.

“Our biggest problems lie in the raw materials and the ability to increase production,” he said.

Earlier, the American billionaire appealed to workers to help correct Tesla’s course.

In an internal letter to employees, he said the company was facing a “very difficult quarter” as it struggled with supply chain disruptions and appealed to workers to help get the company back on track.

“This is a very difficult quarter, mainly due to supply chains and production challenges in China … so we have to work hard for recovery,” Musk was quoted as saying by Bloomberg News in an email.

U.S. Transportation Safety Administration data reveals that electric car maker Tesla has the highest number of car accidents associated with self-driving and driving assistance systems registered in the United States.

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According to the Bloomberg News Agency, Tesla accounted for 273 of the 367 crashes registered by 12 car companies in the United States between July 2021 and May 15 this year.