$Tesla(TSLA.US)Tesla's layoffs are generally good news for companies, as layoffs mean cost reduction and efficiency improvement, which will have a positive impact on net profit and valuation. Therefore, many companies' stock prices often rise after announcing layoffs. However, Tesla is clearly different. Layoffs make the market feel that Tesla's growth is weak and can only improve financial data by controlling labor costs. There is also increased concern about the launch timeline of Model 2. As a result, the market is more worried about Tesla's business situation. Tesla's stock price continues to fall to $160, getting closer to my target price of $150.

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