Is Tesla preparing a capital raise? Production cuts, massive layoffs... and the Robotaxi narrative

- Tesla is facing challenges with its traditional car business, leading to mass layoffs - The company may be preparing for a capital raise due to negative FCF and high inventories - Tesla's focus has shifted to AI, specifically FSD and Robotaxi, to ensure survival - The company's business in China is struggling, facing competition from other brands offering cheaper electric cars - Despite having a strong cash position, Tesla issued debt multiple times in 2023, raising concerns about its financial situation - Musk is expected to highlight the potential of robotaxi during earnings report, but challenges remain for Tesla's financial future - A capital raise of $10-15 billion may be necessary for Tesla at its current valuations, which are higher than comparable companies like NVDA.