As Tesla reports quarterly earnings, investors are focused less on cars and more on Musk’s robots and rockets.
・Deliveries remain below the level needed to revive revenue, and margins have slid from nearly 17% to under 5%. ・Even longtime bulls are cautious as Tesla trades at 220× forward earnings and well ...
The removal of the $7,500 EV tax credit can further pressure delivery volumes or hit margins; Tesla needs to cut prices by ~19% to neutralize the impact of lower affordability. Robotaxi market ...
Tesla shares climbed to their highest level in nearly a year on Monday after CEO Elon Musk announced a significant advancement in the company’s autonomous vehicle program. The electric vehicle maker ...