Tesla to suspend production at US factories, cut salaries by 10-30%

Tesla will be suspending production at its US factories till May 4 and cut pay for salaried employees between 10% and 30%. It will "keep only minimum critical operations running" till then. Tesla will also furlough employees who cannot work from home and have not been assigned critical onsite positions. The pay cuts and the furloughs will begin April 13.

Load More