January 19, 2019
In this March 31, 2016 file photo, Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif. Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Friday, Jan. 18, 2019 that it must cut 7 percent of its workforce. Tesla’s cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive. (Justin Pritchard/AP)