Tesla earnings: Stock falls more than 8% after mixed report, lack of catalysts until October
Tesla earnings: Stock falls more than 8% after mixed report, lack of catalysts until October
Tesla reported mixed second-quarter earnings after the bell on Tuesday, fresh from off-the-charts sales numbers and a stock run-up. Chief Executive Elon Musk doubled down on self-driving promises, but the lack of specifics around autonomy goals seemed to spook investors.
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Back in 2015, Elon touted “Full Self Driving” and told investors it would be “soon” 😆😂🤣🤡
Cathie Wood gave her extreme Tesla valuation back in 2020 based on “robotaxis” which would be coming “soon”.
It’s all hot air and nothing burgers 🍔
The models are all static and the CyberRust is a piece of shit.
It's interesting seeing the R1S and EV9 on one end and Bolts and Leafs on the other and imagining how else Tesla could have spent that Cybertruck time and money...
I think the cybertruck was supposed to be a test platform but then they got too into it. I think they will discontinue it at some point
It’s Elons pet project. No way they discontinue it as long as he’s CEO. He’ll never admit it was a terrible idea.
A Test for what? elon paraded it on stage specifically touting it as the next greatest thing. He tweeted about it for almost two years before that reveal sham. And then took another five years to produce their worst vehicle ever, after starting the factory three years after vehicle production was supposed to begin.
I can't imagine what they were testing, and I can't imagine Elon's ego allowing them to stop making that dumpster.
A Test for what?
The 4680 cells, for one thing.
You mean the cell they "tested" in the Y and nobody wanted? Why would the need the cluster truck for that?