Elon Musk says he must approve all new hires in internal email
An email to “everybody” at his electric vehicle maker on Monday, expressing concern over the company’s current hiring practices “I would like to understand our hiring better,” Musk wrote in the email. “VPs should send me a list of their department hiring requests once a week,” Musk says he must approve all new hires in internal email
Last month, a more than 20% drop in first-quarter net income from a year earlier, contributed to a 10% drop in the company’s stock price. Musk at the time suggested the company would prefer higher volumes of new hires in internal email, a comment that prompted analysts.