Elon Musk predicts Tesla to $20 trillion
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The high-selling Model Y is crucial for both Elon Musk and Tesla, but a half-hearted reskin of the car hasn’t reversed the company’s sales woes. Would a complete overhaul have been a better bet?
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The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.
Tesla and the broader U.S. EV market face a critical turning point as federal incentives vanish, sales decline, and global rivals surge ahead.
Tesla says production of the less expensive Model Y began in June and that it would go on sale in the fourth quarter of this year.
Quarterly profits at the electric vehicle, battery and robotics company fell to $1.17 billion from $1.4 billion a year ago.
Tesla signals more rough quarters ahead as EV growth slows. Musk shifts focus to autonomy, AI, and robotaxis with little new guidance on future
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Investor's Business Daily on MSNTesla Vs. BYD: Elon Musk Sees 'Rough' Outlook, 'Robotaxi' Coming To San Francisco? BYD Eyes Key LevelElon Musk sees "rough quarters." A likely "robotaxi" launch in San Francisco comes with caveats. BYD is near a buy point.