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Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push

As Tesla gears up to report what will likely be unimpressive financial results for the first quarter on Tuesday, the company is making more moves to go

As Tesla gears up to report what will likely be unimpressive financial results for the first quarter on Tuesday, the company is making more moves to go “balls to the wall for autonomy,” as CEO Elon Musk put it last week in a post on X. Sources within Tesla have confirmed to TechCrunch that they didn’t have prior warning from Musk on this sudden shift, and that internal restructurings reflect a new ethos that puts robotaxi development at front and center. Since Tesla reported its Q1 2024 production and delivery numbers, the company has continued to pull various financial levers aimed at attracting new buyers and inducing existing customers to pay for FSD — all while reducing costs and maintaining profit margins.

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