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Tesla said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 per cent.The company, which has struggled to achieve long-term profitability and keep a tight lid on expenses, also said it expects fourth-quarter profit to be lower than the preceding quarter.Chief Executive Officer Elon Musk said the need for lower-priced versions of Model 3 will become even greater from July, when the US tax credit again drops in half, adding $1,875 to the car s price jordan7 tag, and again at the end of th adidas spezial beige e year when it goes away entirely.The phase-out of the electric vehicle tax break confronts Tesla with the choice of raising prices at the risk of losing customers or slashing costs by thousands of dollars per vehicle, a herculean task for an automaker.Tesla CEO Elon Musk taunts US financial regulatory age air max one ncyMusk also faces a narrowing window in which his electric luxury vehicle Ywiz Court seeks records of gas reservoirs in Sindh
QUETTA/PESHAWAR/ISLAMABAD/LAHORE/KARAC new balance herren HI:The novel coronavirus 脭脟么 which originated in the central China city of Wuhan towards the end of December 2019 脭脟么 has spread to all continents excluding Antarctica. The COVID-19 respiratory illness caused by the mysterious contagion has so far killed th air max 3 ousands of people and infected tens of thousands of others across the globe.Though the deadly infestation has been contained by the Chinese government in Wuhan, the virus has now spread elsewhere, especially in Europe and the United States, with the World Health Organisation declaring Europe as the new epicentre of the viral disease.Pakistan, despite its close proximity with China, remained un air max 98 scathed by the virus until February 26 when a young man from Karachi tested positive for the novel coronavirus. He had鈹eturned from Iran - one of the worst-hit countries.After a brief pause following the first case, COVID-19 cases witnessed a sharp surge as more pilgrims returning from Iran tested positive
Tesla said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 per cent.The company, which has struggled to achieve long-term profitability and keep a tight lid on expenses, also said it expects fourth-quarter profit to be lower than the preceding quarter.Chief Executive Officer Elon Musk said the need for lower-priced versions of Model 3 will become even greater from July, when the US tax credit again drops in half, adding $1,875 to the car s price jordan7 tag, and again at the end of th adidas spezial beige e year when it goes away entirely.The phase-out of the electric vehicle tax break confronts Tesla with the choice of raising prices at the risk of losing customers or slashing costs by thousands of dollars per vehicle, a herculean task for an automaker.Tesla CEO Elon Musk taunts US financial regulatory age air max one ncyMusk also faces a narrowing window in which his electric luxury vehicle Ywiz Court seeks records of gas reservoirs in Sindh
QUETTA/PESHAWAR/ISLAMABAD/LAHORE/KARAC new balance herren HI:The novel coronavirus 脭脟么 which originated in the central China city of Wuhan towards the end of December 2019 脭脟么 has spread to all continents excluding Antarctica. The COVID-19 respiratory illness caused by the mysterious contagion has so far killed th air max 3 ousands of people and infected tens of thousands of others across the globe.Though the deadly infestation has been contained by the Chinese government in Wuhan, the virus has now spread elsewhere, especially in Europe and the United States, with the World Health Organisation declaring Europe as the new epicentre of the viral disease.Pakistan, despite its close proximity with China, remained un air max 98 scathed by the virus until February 26 when a young man from Karachi tested positive for the novel coronavirus. He had鈹eturned from Iran - one of the worst-hit countries.After a brief pause following the first case, COVID-19 cases witnessed a sharp surge as more pilgrims returning from Iran tested positive