In an email on June 2, seen by Reuters, Musk told Tesla executives he had a "super bad feeling" about the economy and that the company needed to cut staff by about 10% and "pause all hiring worldwide". He said on Tuesday Tesla expected to increase the number of workers paid by the hour as opposed to on fixed salaries. Musk said there were unresolved issues, including the debt portion of the deal and the number of spam users. Musk said he would like to get 80% of North America and half the world on Twitter. The most important thing was to take the company in the right direction, as at his private rocket company SpaceX and Tesla, he said.

Source: Forbes June 21, 2022 08:14 UTC