“So far, demand for Tesla cars and other electric vehicles has remained strong and many of the traditional indicators of a downturn - including increasing dealer inventories and incentives in the United States - have not materialized.”
Demand is strong. Inventories are fine. Musk still wants roughly 10,000 people gone because of a feeling. Two days earlier he told staff to come back to the office or leave, which is a layoff that skips the severance. The real problem is Shanghai, where Covid lockdowns stalled the factory.