Tesla (TSLA) is rumored to be preparing a massive round of layoffs, as high as 20% of the workforce

- Electric vehicles (EVs) are growing in popularity worldwide at a faster rate than in the US - Countries outside the US are adopting EVs more rapidly - Companies involved in the EV industry such as Tesla (TSLA) may benefit from this trend - The shift towards EVs is driven by factors such as environmental concerns and government policies incentivizing electric transportation.