Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model...

Tesla Inc. says its customers won't get the full $7,500 federal electric vehicle tax credit after Dec. 31.The company says on its website that the credit on its vehicles will start to phase out next year.Under federal law, buyers get...