Elon Musk Hits Back at Trump
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The Tesla CEO said the company expects to expand their autonomous driver service to include customer-owned cars.
R obotaxis driving around Austin. A humanoid robot serving popcorn in Los Angeles. A Tesla delivering itself to a customer. Tesla Chief Executive Elon Musk is telling investors the carmaker’s future is closer than ever—and it doesn’t depend on selling electric vehicles.
Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.
The Tesla CEO hosted an earnings call once more long on promises and short on specifics, especially regarding his month-old robotaxi service that has logged only 7,000 driverless miles.
The earnings report covers Tesla’s finances for April, May and June — a period that overlapped with Musk’s tenure in the White House. Musk left his government job May 30.
The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter.
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.