Tesla earnings: Don't count Elon Musk out, AutoBlog editor in chief says

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  • Опубликовано: 23 апр 2024
  • Tesla (TSLA) CEO Elon Musk felt especially ambitious in the EV maker's first-quarter earnings call, weighing in on Tesla's timeline for an affordable EV and the outlook for developing its robotaxi service. 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.
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Комментарии • 17

  • @ge_song5
    @ge_song5 Месяц назад +7

    I am lost when "tesla is 6 months behind toyota, gm timeline."

  • @mandelm2001
    @mandelm2001 Месяц назад +3

    This “old” lineup includes the Cybertruck that came out just a few months ago, a refreshed Model 3 that sets the new standard for EVs, and now a new Model 3 Performance that does 0-60 in 2.9 seconds and is $45K.

  • @mandelm2001
    @mandelm2001 Месяц назад +3

    The Cybertruck hasn’t been the home run that they wanted it to be obviously it’s being recalled!
    Two million people in the queue to buy one
    Flipped for $250K
    Celebrities posting on Insta, crowds everywhere it goes.
    And that recall? Wow, less than 4000 vehicles and a ten minute fix. Yeah that’s a big deal. Not

  • @haydenakamu1887
    @haydenakamu1887 Месяц назад +2

    That guy have no idea

  • @MatthewMS.
    @MatthewMS. Месяц назад

    I’m going to go out on a limb here and say: no shot

  • @frankcoffey
    @frankcoffey Месяц назад

    Is growth measured in number of cars sold, revenue, or profit?

    • @Skank_and_Gutterboy
      @Skank_and_Gutterboy Месяц назад

      If you're chopping employees and products, you're not growing.

  • @DBomber_24
    @DBomber_24 Месяц назад

    They fired 2,700 employees and they also decided to pay 1 employee about 53B what a way to save cost.
    But that's not all, the stock price went up by 10% after the news of firing. That means that many people/investors are happy when a lot of employees are getting fired.

    • @TheMagicJIZZ
      @TheMagicJIZZ Месяц назад

      It's not a cash payment though
      If he doesn't get it. The stock literally will crash without Elon
      He could get the stock at $55 billion if the market cap crashes..he bought twitter for $44 billion

  • @mopthermopther
    @mopthermopther Месяц назад

    I wish them luck
    - please get the bugs out

  • @shaylongino1269
    @shaylongino1269 Месяц назад

    Elon is an Alien. I swear

  • @mingouczjcz3800
    @mingouczjcz3800 Месяц назад +1

    Except Elon's bubbling viper smoke, the glow of Tesla's first move advantage is diminishing and at the same time there's no shining innovative technology in Tesla's sleeves,

    • @TheMagicJIZZ
      @TheMagicJIZZ Месяц назад

      Tesla is #1 in power train development

  • @alaaa1794
    @alaaa1794 Месяц назад

    Tesla direct sell in all asean countries