The Guardian Australia
·general
·3 hours ago
Tesla beats earnings expectations as Musk pivots automaker to AI and robots
Tesla reported earnings of 41 cents per share on Wednesday, surpassing Wall Street's expectation of 37 cents. The company also announced a positive cash flow but fell short on revenue, reporting $22.39 billion against a $22.6 billion estimate. As Tesla pivots to AI and robotics, its stock rose over 3% immediately after the earnings release.
Summary by Glance · The Guardian Australia
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