Elon Musk Just Revealed Tesla’s Future
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Trump, Elon Musk
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Tesla is about to launch ‘Robotaxi’ in Bay Area
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Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out.
Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.
Tesla's profit slid 16% in the second quarter, it said Wednesday. CEO Elon Musk will face investors in the company's earnings call at 4:30 p.m. CT.
Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax bill creates new business challenges.
The Tesla Supercharger Diner opened Monday in West Hollywood and Elon Musk is already teasing a Texas expansion.
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The Tesla CEO said the company expects to expand their autonomous driver service to include customer-owned cars.
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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.