Tesla told employees earlier this week to expect furloughs, but car production is expected to resume May 4.
Tesla has furloughed around half of its U.S. sales and delivery employees this week, company insiders told CNBC.
According to new estimates from Wood Mackenzie, global EV sales are expected to drop 43% from 2019 to 1.3 million by the end of 2020.Mike Blake | Reutersmanagers told groups of employees on Friday that the company's furloughs would impact around half of its U.S. sales and delivery staff, according to three people who work for the company in different states.
Tesla revealed its plans to furlough all but essential hourly workers, and to cut salaried employee pay, in an e-mail to employees. The decision was driven by a global pandemic that has forced CEO Elon Musk's electric car venture to temporarily halt production at its main U.S. car plant in California.
One furloughed employee said they worry that permanent layoffs will follow the furloughs, as a continuation of an effort Tesla began in early 2019 to cut costs and ditch its brick-and-mortar stores. However, they are hopeful that they will be able to return to Tesla after the pandemic is sufficiently contained.. But by March 2019, he backpedaled, and said that "stores with a high visitation rate and that lead to significant sales" would not be closed.
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