Tesla Cuts Salaries, Furloughs Workers Under Coronavirus Shutdown

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Tesla Cuts Salaries, Furloughs Workers Under Coronavirus Shutdown
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In an email to workers, Tesla detailed its cash-saving plan along with its hope to resume vehicle production on May 4 in California—a day after a local-government shutdown order currently is scheduled to be lifted

Tesla Inc. is furloughing workers and cutting salaried employees’ pay more than two weeks after it was forced to shut down production of its lone U.S. car assembly factory amid the coronavirus pandemic.

The Silicon Valley electric-car maker, in an email to workers late Tuesday, detailed the cash-saving plan along with its hope to resume vehicle production on May 4 in California—a day after a local-government shut-down order currently is scheduled to be lifted.

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