Tesla warns on Q4 profit, cuts jobs to pull down Model 3 price

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Tesla warns on Q4 profit, cuts jobs to pull down Model 3 price
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Tesla will cut about 7% of its full-time workforce:

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Tesla will need to make cheaper Model 3s by the second half of 2019Tesla will need to make cheaper Model 3s by the second half of 2019Tesla's layoffs show the company needs to cut costs and move toward making some cheaper options. European deliveries can offset demand in the next few months, says one analyst.
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