4 Key Takeaways From Tesla's Earnings Call

Category: Automotive

Tesla CEO Elon Musk announced the postponement of the robotaxi event to October 10 and discussed plans for a more affordable vehicle expected to begin production in the first half of next year. The company reported disappointing second quarter earnings, leading to a decline in stock prices. Musk also revealed plans for the Optimus robot to be used in Tesla factories by 2025 and sold to other factories by 2026, while expressing interest from legacy automakers in Tesla's self-driving software.

Keywords: Tesla, Elon Musk, robotaxi

Source: Investopedia

Update At: 7/24/2024

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Merry Christmas!

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Rivian Stock Soars as EV Maker Says Production Issues Have Been Resolved

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