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Tesla's cheap EV plans will likely be stuck in 'Tesla time' [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Many on Wall Street are skeptical about Tesla's re-focusing on next-gen products while engaging in a price war in China through price cuts on its vehicles. Tesla missed its first-quarter earnings estimates, posting $21.3 billion in revenue and adjusted gains of $0.45 per share. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance to lay out the criticisms Tesla is facing after its most recent earnings, calling investments into robotaxis "the graveyard of where automakers go to, maybe not die, but waste a lot of money." Migliore also points out how efficiently and effectively traditional automakers would be at rolling out an affordable electric vehicle in the time that it takes for Tesla to develop and release its own. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan
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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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