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Tesla CEO Elon Musk issues ultimatum to remote workers

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Yahoo Finance's Pras Subramanian joins the Live show to detail Tesla CEO Elon Musk's demand that the company's workers and executives should be expected to return to the office.

Video Transcript

DAVE BRIGGS: All right, time now for the Musk Minute. Elon says, get your butt back to the office. In emails obtained by Electric, the Tesla CEO said that employees must now show up to the office at least 40 hours a week. Senior Elon reporter Pras Subramanian is here with us to break this down. Now, there was these emails leaked, the policy. Elon pretty much confirmed that those were legit based on his reaction.

PRAS SUBRAMANIAN: Yeah, we're seeing this draconian side out here now. So after months of non-factory workers working off-site, he's saying come back to the office right now. And in fact, if you don't show up, we're going to assume you resigned. It's just really kind of-- I'm not surprised to see this by him. This is the same guy who's slept at a factory when he needed to get the production of the Model 3 going. So we're not surprised here.

But he says that senior execs need to show by example, show their face, be there at the office. You know, I'm reminded of a story that someone put out on SpaceX about how, one time, he saw a group of interns waiting in line for coffee, and it made him so mad because he thought it was a loss of productivity. And he said, don't ever do that again. I'll fire you. And he had a camera set up to watch that area to make sure no one was lining up for coffees.

SEANA SMITH: Are you serious?

PRAS SUBRAMANIAN: In the workplace. Yeah, yeah.

SEANA SMITH: Wow. You know, when you hear a story like this, I mean, we were just talking the last block with Jason Dorsey, and he follows Gen Z. But he's like, Gen Z does not want to go into the workplace. You want to hire younger workers. If they're demanding that type of flexibility, you've got to question what that means maybe for the workforce, at least going forward.

PRAS SUBRAMANIAN: Yeah, you know--

SEANA SMITH: Because if you can do your job just as well from home, and you don't need to be in the office, I think that's a different discussion.

PRAS SUBRAMANIAN: It makes me think about-- look at Ford and GM and look at Rivian. Maybe they want to poach some of these engineers, say, hey, work from home and just hop on your Zoom meetings. Go for it. We'll take you. So maybe there's a little advantage there for these other automakers.