26 days ago • Posted by Paul de La Baume

#Nasdaq is retreating as #Tesla pauses hiring $TSLA $QQQ $SPY

Elon Musk announced Tesla is to cut staff by 10% and pauses all hiring. Tesla stock is down more than 3% in pre-market to USD749. Nasdaq100 futures are about 0.4% lower on some profit-taking after the strong advance of Thursday and ahead of a key US jobs report 1 hour before the US market opens.