Tesla CEO Elon Musk clarifies layoff tweets, saying the company will reduce its salaried workforce by 10% in the next three months, while also growing the number of hourly employees.

Tesla CEO Elon Musk clarifies layoff tweets, saying the company will reduce its salaried workforce by 10% in the next three months, while also growing the number of hourly employees. @Lebeaucarnews joins @SquawkStreet to report on Musk’s statement. https://t.co/U9YeIZGigI pic.twitter.com/u0252u0Z7W

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