Tesla Steps Up Job Ads As Recession Clouds Gather
While Elon Musk may be worried about the economy, job openings on Tesla's website suggest the world's most valuable car maker is hiring employees at a quick pace, in nearly every category of job.
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While Elon Musk may be worried about the economy, job openings on Tesla's website suggest the world's most valuable car maker is hiring employees at a quick pace, in nearly every category of job.
By Noel Randewich (Reuters) - While Elon Musk may be worried about the economy, job openings on Tesla's website suggest the world's most valuable car ...
It is a 100 percent certainty that the United States is headed for economic recession with some models suggesting that it could strike in less than 12 months.
Elon Musk told Tesla employees layoffs would affect 10 percent of salaried workers. Reports from Electrek and Reuters note hourly workers have also been let go recently, and job postings from Tesla have dropped.
There's no question that the oil and gas industry has rebounded from the depths of the global pandemic, when prices plummeted to as low as $16.94 per barrel in April 2020. Today, crude prices stand at nearly $100 per barrel, driven in part by Russia's invasion of Ukraine. In response, BP, ExxonMobil, and Chevron, which have enjoyed nice bumps in their stock prices, are back in growth mode and hiring again.