Tesla cut the prices of its Model Y, Model X, and Model S vehicles in the US by $2,000 each. Tesla also ended referral program benefits in all markets after April 30th, which previously provided buyers with extra incentives. Tesla laid off over 10 of its global workforce in recent job cuts, according to an internal memo. The automaker previously canceled plans for a $25,000 inexpensive car that investors were counting on for mass market growth. Tesla's vehicle deliveries declined in the first quarter, the first drop in nearly 4 years, as price cuts failed to boost demand.