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Tesla cuts 7 percent of staff, sees 'very difficult' road ahead

Elon Musk is cutting Tesla’s full-time workforce by 7 percent, warning in a blog post that the "road ahead is very difficult" as he tries to make electric cars more affordable for the mass market.

The shares fell 7.6 percent in pre-market trading after the Palo Alto, Calif.-based company said it...



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