Tesla Halts Cybertruck Production Line for Three Days

Tesla Inc (Nasdaq: TSLA) has temporarily suspended Cybertruck production at its Austin factory from December 3 to 5, directing workers to stay home while continuing to receive their regular pay, according to an internal memo viewed by Business Insider.

Production workers were informed they would receive eight hours of compensation for each scheduled workday during the three-day pause, with operations set to resume on December 6. Some workers will follow different schedules and will be notified separately, according to the memo.

The electric vehicle maker has experienced scheduling irregularities on its Cybertruck production line since late October, with four workers reporting they were either sent home upon arrival or assigned to training exercises and cleaning duties during their scheduled hours.

Also read: Tesla Ordered to Scrap Musk’s $55 Billion-Dollar Pay Package

“When I started at Tesla you could expect to get overtime pay, now I feel lucky to get 40 hours,” a long-term employee who works on the Cybertruck line told Business Insider.

The pause follows earlier signs of potential production adjustments, including shift reductions for Cybertruck line workers in April. While the vehicle garnered more than 2 million reservations when deliveries began last year, according to Electrek, recent developments suggest changing demand patterns.

Some late-position reservation holders have reported receiving their vehicles ahead of schedule, indicating faster-than-expected movement through the waiting list. Additionally, multiple reservation holders have also decided against ordering the vehicle after Tesla announced pricing.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Nord Precious Metals Acquires Gowganda Silver Tailings Project, Securing Feedstock For Silver Processing Strategy

Canadian Copper Expected To Close On Caribou Processing Complex Acquisition In Q1

Related News

Tesla Drawn Into Epstein-JPMorgan Lawsuit As US Virgin Islands Struggles to Serve Elon Musk With Subpoena

In a recent development, a federal judge has ruled that the US Virgin Islands can...

Thursday, May 18, 2023, 05:03:00 PM

Dave Portnoy Continues Losing Streak With Tesla Investment

In a bold move on January 24, David Portnoy, the founder of Barstool Sports acquired...

Saturday, January 27, 2024, 07:22:00 AM

Twitter Gets Offended After Reuters Reports that Tesla Missed Q1 Wall Street Estimates

Twitter didn’t like that Reuters on Sunday reported that electric carmaker Tesla had missed its...

Monday, April 3, 2023, 02:18:00 PM

Why Did Tesla Convert 75% Of Its Bitcoin Holdings?

Faster than its accumulation of the digital asset, Tesla (Nasdaq: TSLA) just liquidated around three-quarters...

Thursday, July 21, 2022, 11:22:00 AM

Has EV Production Peaked?

Electric vehicle (EV) sales growth in the United States has hit a roadblock as automakers...

Monday, November 6, 2023, 04:19:00 PM