WTFN: @Spotify Un-Wrapped
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It’s that time of year, when we all get to find out our most listened to music of 2024.
Spotify Wrapped is a data driven exposition of an individual’s year in music. It has been a viral campaign in 2016 that keeps many listeners eager to find out which artists and songs colored their most recent trip around the sun. With each passing year, it has gotten a little more expansive, with the…
Email to executives also calls for hiring freeze at electric car maker, which has 100,000 staff worldwide
Is Tesla in Trouble? It kinda, maybe, possibly looks like it could be.
Tesla currently has about 5,000 job openings advertised worldwide, and 100,000 employees. The email was sent to Tesla executives late on Thursday with the subject line “pause all hiring worldwide”, and comes days after Musk ordered all employees to return to the office for at least 40 hours a week or face immediate termination.
Tesla’s stock was down 3% after hours on the news. Neither the company nor Musk replied to requests for comment from the Guardian.
So far, there has been no fall in demand for Tesla cars and other electric vehicles. The usual indicators of a downturn – including increasing dealer inventories and incentives in the US – have not materialised.
However, Tesla’s stock has been hammered, falling 22% since the billionaire used his shares to finance a planned acquisition of Twitter, which now appears to have stalled. Anxiety about the global economy and the impact of China’s Covid-19 lockdown in Shanghai, where Tesla has a factory, have also weighed on the company’s share price.
But aren’t all those billionaires better than the rest of us? Didn’t they earn every cent the libertarian way by being stable and savvy geniuses?
Musk is telling his employees to return for 40 hours of work where Musk can control them better. Many may just decide to tell him to shove it.