Despite layoffs and sales decline, Tesla maintains tax incentives from Travis County and Del Valle ISD for Austin Gigafactory.

Tesla's stock has dropped over 35% this year amid CEO Elon Musk's criticized behavior.

Analysts predict Tesla's long-term growth due to global support for electric vehicles, despite current U.S. market share reduction.

Tesla's Q1 2024 results announcement is scheduled for Apr 23, with earnings performance uncertain.

Automotive competitors like General Motors, BorgWarner, and American Axle are also poised to announce their Q1 earnings soon.