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Tesla Earnings: Falling Revenue, ’Invests’ in Elon Musk's xAI Money Furnace
John Johnston (JJ) breaks down the latest news about the Tesla Q4 and Full Year Earnings Update, including that Tesla is investing $2 Billion in Elon Musk’s OpenAI competitor xAI. Tesla is also discontinuing its Model X and Model X vehicles lines as it pivots to robotics and autonomous robotaxis. However, Tesla’s “unsupervised” robotaxis seem to have vanished from Austin streets, after the pre-earnings announcement of the launch of them, despite Elon saying on the earnings call that they are operating. Related episodes:Tesla: “The Biggest Bubble Possibly in Stock Market History”?…
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