Tesla is ahead of automakers in 3 key categories, tech money manager says

'We believe that [the] transportation industry is going to shift wholesale to electric, and Tesla is ahead of the pack,' ARK Invest's Cathie Wood says.

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Tesla plans 7% staff cut and says the road ahead ‘is very difficult’Founder Elon Musk says the company hopes to post a 'tiny profit' in the current quarter but that after expanding its workforce by 30% last year, it cannot support that many.
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Tesla Cuts 3,000 Jobs As Elon Musk Aims To Make More Cars For Less MoneyTesla is reducing its workforce by 7 percent — more than 3,000 jobs, according to a recent staffing estimate –– in an attempt to transition to the mass market by making cheaper vehicles in larger numbers.
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