Tesla to cut salaries, furlough workers as COVID-19 shutdowns extended to May 4

Tesla is suspending production at its U.S. factories until May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by TechCrunch. Pay cuts for salaried employees — which ranges from 30% for […]

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