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Tesla just made it clear: It's no longer a car company [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
In this article “We're really moving into a future that is based on autonomy,” Tesla ( TSLA ) CEO Elon Musk said on the company's Q4 earnings call last night. Musk's sentiments essentially indicated a crossing of the Rubicon, laying the groundwork for Tesla's departure from being a car company into an embodied AI future. Gone are some of the company's most famed EVs, and in their place are more self-driving cars, robotaxis, and, of course, robots. "Forget the Tesla you knew. The Tesla of yesterday is gone," Canaccord Genuity analyst George Gianarikas wrote in a note on Thursday. "We believe Elon Musk has reached a definitive burn-the-ships inflection point, a total commitment to a vision that leaves no room for retreat." “The company is burning the boats, pinning its future on autonomous cars and robots,” added Piper Sandler's Alex Potter. 'A symbolic baton pass for Tesla' Part and parcel to Tesla's future growth story is the creation of six new production lines to make
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