Elon Musk in an animated Tesla taxi spinning its wheels in mud with a blue background
Tesla is facing a new phase of growth, CEO Elon Musk says. A robotaxi is part of his solution.
  • Tesla is having a rough start to the year. 
  • The EV maker reported disappointing deliveries for Q1, before announcing sweeping layoffs.
  • With falling demand in the US and increased competition in China, Tesla is in a tough spot.

Tesla is in full-blown cost-cutting mode.