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Elon Musk Teases 'More Affordable Models' to Bump Tesla's Falling Stock [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
CEO Elon Musk then fired back in a post on the social media platform he owns, claiming Reuters was lying, but failed to provide any further explanation. Then, earlier this week, Tesla reported that its first-quarter net profit plummeted to its lowest point in six years. In response to all this, Musk used an earnings call to once again push the idea of robotaxis—and, weirdly, humanoid robots—while tossing in a few throwaway lines about affordable cars, to give Wall Street a reason not to give up entirely. "If somebody doesn't believe Tesla is going to solve autonomy, I think they should not be an investor in the company," Musk told investors, according to the Wall Street Journal . While nothing is concrete just yet, Musk apparently threw out the name "Cybercab" for Tesla's supposedly upcoming robotaxi. According to Musk, not only is Tesla focused on manufacturing robotaxis, but the company will also operate its own ride-hailing fleet. However, he didn't talk as deeply about progres
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- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network][FOX Business Network]
- Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales [Fortune][Fortune]
- Have the wheels come off for Tesla? [Yahoo! Finance][Yahoo! Finance]
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider][Business Insider]
- Tesla in Turmoil as Musk Makes Multiple Controversial Moves [Yahoo! Finance][Yahoo! Finance]
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