Tesla has announced price cuts for its electric vehicles in China and Germany to boost sales amidst declining global deliveries and heightened competition. The move follows earlier price reductions in the United States. Elon Musk's planned trip to India, where Tesla was expected to enter the market, has been postponed due to his commitments at Tesla. The company also plans to reduce its global workforce by over 10%. There is speculation about Tesla's plans for an affordable EV, with reports suggesting a shift in focus towards robotaxis.
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