Tesla Profits Soar, Musk Bets Big on AI
#TeslaEarnings #AIInvestmentTesla's Q1 profits beat expectations, but its stock surge faded after CEO Elon Musk announced plans for massive spending on AI and robotics. While EV demand is rebounding in some areas, future investments may pressure near-term earnings. read more
Tesla Profits Plunge 46% Amid Musks Political Woes
#TeslaEarnings #EVMarketTesla's annual profit plunged 46% to $3.8bn, marking a second year of steep decline. Despite aging models and brand issues, investor confidence remains, buoyed by Musk's focus on future robotaxis and energy storage growth. read more
Tesla Profits Plunge Amid Musks Political Fallout
#TeslaEarnings #EVMarketTesla's annual profit fell to its lowest level since the pandemic, losing its top EV maker title to a Chinese rival amid sales boycotts. Net income dropped 46% to $3.8 billion despite new models. Musk shifts focus to robotaxis and AI. read more