Messages in The Pod Bay and Space.com's NASA: Mars rover Perseverance in 'safe mode' after launch, but should recover both said that Perseverance was in "Safe Mode".
Is it still?
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Is Perseverance still in Safe Mode?
Not any more: NASA's Mars rover Perseverance is fine and out of 'safe mode' as of July 31, 2020.
It was as of the latest update, but they were working on recovering it. They have full communication with the spacecraft as of now. The press release, issued on July 30, stated the following:
Right now, the Mars 2020 mission is completing a full health assessment on the spacecraft and is working to return the spacecraft to a nominal configuration for its journey to Mars.
These things usually take a day or so. Bottom line is, there isn't a lot to worry about for now.