Tesla to Cut Workers’ Pay After Elon Musk Called Coronavirus Panic ‘Dumb’

Tesla to Cut Workers’ Pay After Elon Musk Called Coronavirus Panic ‘Dumb’

Illustrations by A. Gnetova and G. Phan

It seems that the coronavirus pandemic and its economic fallout are no laughing matter anymore for even the naysayers. It’s been revealed that Tesla will be cutting pay for its workers up to 30%.

Elon Musk gained some notoriety when he tweeted on March 6 that “the coronavirus panic is dumb.” The tweet garnered hundreds of thousands of replies and over 1.7M likes.Regardless of whether Musk still stands by that statement, the drop in global demand due to the pandemic has been very real. Now, Tesla has announced that the crisis has severely affected […]

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