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Tesla CEO Elon Musk, who has previously downplayed the coronavirus threat but later pledged the firm would send 250,000 masks to California hospitals, in Hawthorne, California, in 2019. Photo: Frederic J. Brown/AFP via Getty Images

Tesla will cut salaried employees' pay and furlough non-essential workers until May 4, when it expects to resume production at its Bay Area plant, several news outlets reported late Tuesday, citing an internal company memo.

The big picture: Higher-ranked officials will see a 30% pay cut, directors' pay will be reduced by 20% and all others' pay will drop 10%, per Bloomberg. Telsa suspended production last month at the Bay Area plant after authorities ordered all nonessential businesses to close in response to the novel coronavirus outbreak. Axios has contacted Tesla for comment.

Go deeper: Tesla says it can weather the coronavirus storm

Go deeper

Biden gets COVID-19 booster shot on live television

President Biden received a Pfizer-BioNTech coronavirus vaccine booster shot on live television on Monday, while also urging Americans to get vaccinated.

Driving the news: The Centers for Disease Control and Prevention last week recommended Pfizer booster shots for millions of people, including those 65 years and older and individuals at high-risk of severe COVID-19.

John Hinckley, who shot Reagan, wins unconditional release

John Hinckley Jr. sitting on the back seat of a car in 1981. Photo: Bettmann/Getty Images

A federal judge on Monday approved the unconditional release of John Hinckley Jr., who tried to assassinate former President Reagan in 1981.

State of play: U.S. District Court Judge Paul L. Friedman in Washington ruled that Hinckley can be freed from all court supervision in 2022 if he remains mentally stable and continues to follow rules that were imposed on him after he was released from a Washington mental health facility in 2016 to live in Virginia, AP reports.

Rep. Karen Bass launches run for Los Angeles mayor

Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Karen Bass (D-Calif.) on Monday launched her bid for mayor of Los Angeles.

Why it matters: Bass is a high-profile member of Congress. The former chair of the Congressional Black Caucus, she was considered as a potential running mate to President Joe Biden and was a lead negotiator in the recently-ended talks on police reform. Should Bass win the mayoral election, she would become the first female mayor in L.A. history.