On April 23, Tesla revoked all offers to Chinese fresh graduates and uniformly compensated them with one month's penalty.

The global slowdown in the growth of electric vehicles, cooling demand for EVs in multiple countries, the fierce competition from Chinese new energy manufacturers, and Elon Musk's relentless pursuit of fully autonomous vehicles have all cast uncertainty over Tesla's future.

On April 15, Tesla announced plans to cut more than 10% of its global workforce. In its home base, the U.S., Tesla laid off over 6,000 employees in Texas and California, while in China, some sales teams saw reductions exceeding 50%. Tesla released its Q1 2024 earnings report yesterday. During the reporting period, revenue reached $21.301 billion, down 9% year-over-year; net profit attributable to shareholders was $1.129 billion, a 55% decline; non-GAAP net profit attributable to shareholders was $1.536 billion, down 48%. Tesla's operating cash flow plummeted by 90%, financing cash flow rose by 184%, and investment cash flow dropped by 104%.

During yesterday's earnings call, Musk noted that Tesla is accelerating the launch of new models, including a more affordable vehicle, with an annual production capacity expected to reach 3 million units.

Musk further emphasized the significant value and immense potential of FSD V12 (Full Self-Driving). He also mentioned that Tesla is working on launching a robotaxi designed specifically for autonomous driving later this year, which he referred to as a "network taxi."