2024-04-24 19:24:05 ET
Summary
- Tesla, Inc. Q1 results missed estimates and Q2 will likely be challenging, despite Elon Musk's optimism.
- Cybertruck and 4680 production ramps are improving, potentially contributing to profitability in late 2024.
- Tesla's AI efforts, including the Optimus program and Full Self-Driving, will take time to develop and will not have an immediate impact on financial results.
- I discuss the critical comments made by director of Autopilot Software Ashok Elluswamy that I have not seen in any article or interview, but are material to Tesla's future.
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Tesla Is An AI Company That The market Won't Reward For Now