Tesla Is Not the Next Ford It s the Next Con Ed theatlantic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theatlantic.com Daily Mail and Mail on Sunday newspapers.
Tesla reported a big slump in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market and price reductions of some of its models,.
Tesla has decided to slash well over 2,700 Bay Area jobs, including layoffs at the company's electric vehicle factory in Fremont, staffing reductions that are poised to jolt the region's employment market.