Tesla to slash workforce by 7% in effort to boost profits

To say that Tesla has been unprofitable for the majority of its existence may be truthful, but it isn't exactly fair. As a relatively new automotive upstart, Tesla for quite some time wasn't so much focused on profits as it was with spending boatloads of cash on growth, investing in itself, and boosting production. Wall Street, though, isn't inclined to give a company a seemingly endless amount of time to turn a profit, which is to say Tesla over the past few quarters has been under a lot of pre...