
The first quarter and change of 2024 could not be more different from the same time last year for Tesla. In early 2023, it was riding high amid rapid-fire price cuts, handily outpacing new competitors in sales and leading what was supposed to be a tipping point for electric vehicle adoption. Of course, the pace of that growth slowed down later in the year, but Tesla's own woes have just continued to accelerate—and now the company may be facing cuts to its workforce as early as this week.