<p>Shares in Tesla Motors, the leading electric-car manufacturer, tumbled Friday after reports that CEO Elon Musk wants to reduce jobs at the company by 10% to reduce costs.</p>
<p>Tesla builds most of its vehicles at its massive 5.3 million square-foot plant in Fremont. The plant employs about 22,000 people.</p>
<p>According to a report by Reuters, Musk sent an e-mail to company executives that he has a really bad feeling about the economy and wants to eliminate 10% of Tesla&#8217;s workforce. The company has over 100,000 workers total.</p>
<p>It&#8217;s been a very busy year for Musk who, in addition to being CEO of Tesla, is in the middle of a deal to buy Twitter for $44 billion.</p>
<p>Musk is also the CEO of rocket-company SpaceX.</p>
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