According to the latest report from leading investment firm Wedbush Securities, the Tesla CEO is scheduled to address five key issues during the conference call on April 23.

The five key concerns are: strategies to reverse negative growth in chines and pricing schemes; Provide clear 2024 goals and financial outlook; Committed to robotaxis development as well as Tesla Model 2 launch; clarify AI initiatives and ownership concerns; And announce AI Day to outline monetization strategy, according to the report.

The earnings conference call may be "one of the most important moments in the company's history."

The highly competitive global EV market has turned Tesla's story "from a Cinderella story to a near-term horror show," Wedbush analysts said.

According to analysts, "If Musk is flippant again and there is no adult in the room on this conference call with no answers, there are worse days to come."

The company has cut its workforce by 10 percent or about 14,00 employees globally.

Tesla has also canceled plans to develop a low-cost EV for around $25,000.

Earlier in the day, the billionaire had posted on Instagram that unfortunately, "India trip will be delayed due to very heavy Tesla obligations".

"But I'm very much looking forward to coming (to India) later this year," Muss said.