After emailing employees about job cuts at Tesla, Elon Musk says the total headcount at the company will increase

Musk wrote on Saturday that the amount of staff may not change drastically after he sent an email about job cuts.

There will be an increase in the number of employees atTesla over the next year.

Musk said that there would be an increase in the number of employees, but that the staff should not change.

Musk didn't say if existing employees would become hourly employees or if new employees would be hired at the company.

—Elon Musk (@elonmusk) June 4, 2022

Musk said in the email that he had a bad feeling about the economy and that he wanted to stop hiring. Musk said he needed to cut 10% of his staff.

The amount of hourly employees at the company would increase. The memo did not apply to building cars, battery packs or installing solar according to the CEO of the company.

Musk sent a memo to his staff telling them to either return to work or resign.

The company employed 100,000 by the end of the year.

A person from the company did not reply to Insider's request.