CEO Tesla, Elon Musk, again surprised by the establishment of a new hiring manual for the company. According to information received by Reuters, Musk sent an email to Tesla executives stating that no hires, not even service providers, would be made without his personal approval..

In a message sent last Monday (15), Musk asked executives to send in a weekly list of hiring requests, but stressed that each request must be carefully evaluated before it is sent for approval. This new measure demonstrates the CEO’s tough stance on the growth of the Tesla team.

“No one can join Tesla, even as a contractor, until you receive my email approval.” Musk wrote in an email.

Financial results are worrying

The decision came after the release of the company’s financial results, which showed the lowest quarterly gross margin in two years. To boost demand and counter growing competition, Tesla is pursuing an aggressive price-cutting strategy in key markets such as the US and China. This strategy could have had a direct impact on financial results and influenced Musk’s attitude towards hiring.

Last year, Musk already expressed concern about the prospects for the US economy, announcing a plan to cut 10% of jobs at Tesla. However, he later clarified that these cuts would be for paid jobs, ensuring the company would continue to hire hourly workers as production expanded at new plants in Texas and Germany.

Musk’s decision to closely monitor Tesla’s hiring reflects his commitment to maintaining sustainable growth and ensuring that each new addition to the team is carefully evaluated and approved. By focusing on delivering innovative products and revolutionizing the automotive industry, Tesla aims to maintain its market leadership and cement its position as one of the most valuable companies in the world.

Meanwhile, Elon Musk, who recently appointed Linda Iaccarino as CEO of Twitter, saying the move will allow him more time to devote to Tesla, is gearing up for a meeting with the company’s shareholders at the company’s annual meeting in Austin, Texas. this Tuesday (16).

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Source: Reuters.

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