Tesla (TSLA) profit drop in Q4, 7% workforce cut planned after growing 30% last year

Tesla CEO Elon Musk dropped an email to employees last night at 1am PT, which was also released publicly and filed with the SEC, to announce important job cuts to control costs. It also served to temper profit expectations for TSLA stock holders. [Update: TSLA┬ástock down nearly 10% in early morning trading] In it, he … Continue reading Tesla (TSLA) profit drop in Q4, 7% workforce cut planned after growing 30% last year