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After Tesla layoffs, price cuts and Cybertruck recall, earnings call finds Musk focused on AI [USA TODAY]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The CEO argued that the company should be considered an artificial intelligence technology company over being an electric car manufacturer. "If someone does not believe that Tesla can solve autonomy, I don't think they should be an investor in the company," Musk said. Musk said that the company would solve autonomy for vehicles if he left the company and that Tesla was in negotiations with an unnamed major car maker to license the FSD software. Tesla put forward its vision of a future dominated by , as other manufacturers have shifted their focus to hybrids. "Global EV sales continue to be under pressure as many carmakers prioritize hybrids over EVs," read. "While positive for our regulatory credits business, we prefer the industry to continue pushing EV adoption, which is in-line with our mission." Musk defended his commitment to the Tesla when asked by an analyst if his ownership of multiple companies was spreading him too thin. "I make sure Tesla is very prosperous," Mus
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