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Tesla Slashes Spending, And May Add To Its Troubles

by sfgate.com posted 11months ago 33 views
As questions swirl about whether Tesla will go private — and the well-being of CEO Elon Musk — one crucial factor looms large over the fate of the Palo Alto company: Tesla’s own financial health. The company has undertaken drastic measures as it seeks profitability, cutting costs and even erecting a tent-covered third assembly line at its manufacturing plant. But many of those tactics may not be sustainable for long, and some could even hurt the company down the road.

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