Tesla CEO Elon Musk says he must approve all new hires in internal email

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Elon Musk, CEO of SpaceX, Twitter and electric car maker Tesla, meets with French President Emmanuel Macron (L) at the Elysee Presidential Palace in Paris on May 15, 2023.

Ludovic Marin | AFP | Getty Images

Tesla CEO Elon Musk on Monday sent an email to “everyone” at its electric vehicle maker, expressing concern over the company’s current hiring practices.

“I want to get a better understanding of my recruitment,” Musk wrote in the email. “The VP should send me a list of my department’s hiring requests once a week.”

Tesla employees read the email as either a soft hiring freeze, or a sign that Musk is turning his attention to the car company now that he’s been named a CEO for Twitter, according to an employee who clarified. asked to remain anonymous to speak formally.

Musk on Friday Said Linda Yacarino, the advertising chief of NBCUniversal, will be Twitter’s new CEO, about six months after buying the social media company for $44 billion.

Last month, Tesla informed of First quarter net income plunged more than 20% from a year ago, contributing to a 10% drop in the company’s stock price. Kasturi suggested at the time that the company would prefer higher volumes to higher margins, a comment that prompted some concern from analysts.

“Think carefully before sending me a request,” Musk wrote in Monday’s email. “No one can join Tesla, even as a contractor, until you have my email approval.”

Musk has generally been involved in new hires and budget approval at Tesla since taking over as CEO in 2008.

Electric, a publication focused on EVs, previously reported on Email. Tesla did not immediately respond to a request for comment.

On Tuesday, Tesla is set to host its annual shareholder meeting in Austin, Texas. Stakeholders will have to decide whether to approve new and old board appointments, including the inclusion of ex-Tesla technology chief JB Straubel.

proxy advisory Glass Lewis recommended last month that shareholders vote against Straubel, as they did not see him as a suitable independent director, from the early years of the company until 2019, when he resigned.

A separate consortium of environmental, social and governance-focused funds also urged shareholders to reconsider who they appoint to Tesla’s board. Some advise the company’s current board to rein in the “over-committed” CEO in an open letter.

Musk sold in billions Dollar-priced Tesla shares to finance its Twitter acquisition, and has been in controversy ever since.

Under Musk’s watch, Twitter restored the accounts of previously banned and divisive figures, including Andrew Anglin, the founder of the neo-Nazi website. In recent days, the company bowed to the demands throttle some content And users on the app in Turkey, ahead of an important election there.

Here’s Monday’s email from Musk:

to all

From: Elon Musk

Subject. hiring

Date: May 15, 2023

I want to get a better understanding of our recruiting. The VP should send me a list of his department hiring requests once a week.

Think carefully before sending me a request. No one can join Tesla, even as a contractor, until you have my email approval.

Thank you,

ELON

Watch: Tesla’s big growth is behind this



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