Tesla says it will not cut salaries of Chinese employees

Tesla China said today that its global vice president and director level employees will make voluntary salary reductions which are consistent with the US headquarters that see salary reductions of 30% and 20% respectively.

However, other Chinese employees' salaries will stay unchanged, the company said.

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After the recent announcement of Tesla's salary reduction, the salary reduction plan for employees in China has also become a hot topic.

Earlier, Tesla sent an internal email to employees on Tuesday, showing that for US employees, the vice president and above employees reduced their salaries by 30%, directors and above positions had a salary reduction of 20%, and other positions 10%.

For non-U.S. Employees, Tesla said it will also implement similar pay reduction measures, the specific situation will be determined by the local leadership team in accordance with local laws and union decisions. These reductions are expected to continue until the end of the second quarter.

Unlike the situation in overseas markets where factories are closed due to epidemic prevention and control, the domestic epidemic prevention and control situation is improving. The Shanghai Tesla Gigafactory has resumed production and production since early February, and the domestic automotive consumer market has gradually recovered, Tesla employees in China are close to normal work.

In addition, Tesla recently announced the internal production picture of the Shanghai Gigafactory. The production process of stamping, welding, painting, and assembly workshops was displayed. It also shows that the Tesla Shanghai Gigafactory is currently in close production.

At the same time, Grace Tao, vice president of Tesla's external affairs, recently said that the current Tesla Shanghai Gigafactory maintains its target of annual production of 150,000 vehicles. And is driving full horsepower production to accelerate the realization of this output target.