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Tesla Burned Cash To Finance Massive AI Investments As First-Quarter Net Income Fell 55%

autoevolution Wednesday, 24 April 2024 ()
After Tesla reported disappointing production and delivery numbers for the first quarter, people expected the financial data to show a similar disaster. Although the first quarter marked a significant decrease in total revenue, Tesla held up better than most analysts estimated. This made Tesla shares jump more than 10% in the hours following the earnings call. Tesla didn't have a very good first quarter, as revealed last month by the... (continue reading...)
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News video: Elon Drops Tesla Future-Bombs on Earnings Call

Elon Drops Tesla Future-Bombs on Earnings Call 27:47

Tesla stock news! The much anticipated Tesla Earnings results for Q1 2024 are out. I react to key moments in the Tesla Earnings Call with Elon Musk. Elon discusses autonomous driving and Tesla FSD, the future of Tesla Optimus humanoid robot, his own future at Tesla, the fast-growing Tesla energy...

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