Category: Business
Elon Musk discussed Tesla's second-quarter earnings, highlighting a robotaxi delay, challenges in the electric vehicle sector, and the company's energy business. Despite a revenue growth of 2% year-over-year, Tesla's EPS missed expectations, leading to a decline in stock value. The robotaxi event is rescheduled for October 10, and production of the Optimus robot is set for next year, with plans for deployment by 2025.
Keywords: Tesla, Elon Musk, robotaxi
Source: markets.businessinsider.com
Update At: 7/24/2024