October 2: Tesla deliveries fall 2% as US consumers buy fewer EVs
July 23: Tesla shares tumble 11% as discounts hit profits
April 2: Tesla reports weaker than expected 6% rise in global deliveries
January 29: Tesla scraps models in pivot to AI as annual revenue falls for the first time
Tesla growth is slowing, margins are getting crunched, competition is heating up. Tesla knows they're fucked so they're pivoting into AI. The pivot into AI might work, but Musk himself unambiguously thinks Tesla is fucked as an automotive company.
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October 2: Tesla deliveries fall 2% as US consumers buy fewer EVs
July 23: Tesla shares tumble 11% as discounts hit profits
April 2: Tesla reports weaker than expected 6% rise in global deliveries
January 29: Tesla scraps models in pivot to AI as annual revenue falls for the first time
Tesla growth is slowing, margins are getting crunched, competition is heating up. Tesla knows they're fucked so they're pivoting into AI. The pivot into AI might work, but Musk himself unambiguously thinks Tesla is fucked as an automotive company.