The number of Tesla employees will increase over the next year, Elon Musk said Saturday, despite an earlier report that he planned to make cuts to his company due to concerns about the economy.
“The total workforce will increase, but salaried [sic] it should be pretty flat, “Musk tweeted in response to a Twitter account that predicted Tesla staff would increase over the next 12 months.
The billionaire’s tweet came two days after he told Tesla employees in an email that he had a “super bad feeling” about the state of the U.S. economy and had to fire about 10% of the electric car maker’s workforce, Reuters reported on Friday.
Tesla representatives could not be reached for comment immediately.
The company employs about 100,000 people.
Shares of Tesla closed down 9.2% on Friday.
Musk told Tesla employees earlier this week that he has a “super bad feeling” about the U.S. economy, so much so that he will have to lay off about 10 percent of his workforce.