Tesla investors are largely shrugging off reports of company firings and the prospect of far steeper losses this year. Tesla

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A few developments that would have knocked most stocks off course are barely registering among Tesla’s bullish crowd.

Late Friday, it was reported that Tesla had fired hundreds of workers. Though the company maintained that the firings were related to annual performance reviews and mostly on the administrative and sales sides, the article from the Mercury News noted that “engineers, managers, and factory workers” were let go.