Hey everybody Rob Maower here and today we were talking about a leaked Tesla email that

Electric posted late last night discussing when Tesla will be

restarting production and that date appears to be targeted for May 4th.

So we'll go through all the details here in a second but right now as I'm recording Tesla stock is trailing

the overall market performance a little bit still up for the day about a tenth

of a percent but the Nasdaq is up about 2.5 percent currently so taking a

look at this leaked email this time Electric did share the entirety of the email, which is always nice to have for full context.

This email is reportedly from Tesla's head of HR to all employees. It reads,

quote, hi everyone, thank you for your continued commitment to Tesla and our mission

during this unprecedented time.

We know that the uncertainty has not been easy, and we are doing everything we can to keep you

safe and informed, while also navigating the changes around the world.

While we are continuing to keep only minimum critical operations running, we expect to resume

normal production at our U.S. facilities on May 4th, barring any significant changes.

Until that time, it is important we take action to ensure we remain on track to achieve

our long-term plans.

Starting Monday, April 13th, we are implementing the Below actions as part of a broader effort to manage

costs.

This is a shared sacrifice across the company that will allow us to progress during these challenging

times.

End quote.

Those actions, as mentioned, are all temporary pay reductions or temporary furloughing, which is temporary

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