
Closing Bell Overtime: Tesla & Alphabet Kick Off Big Tech Earnings 7/23/24
Closing Bell
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Tesla's Earnings and Future Prospects
The chapter covers Tesla's earnings report, discussing revenue, earnings per share, and gross margins while exploring insights from experts at ARK Invest and Guggenheim. It delves into the impact of promotions, missed gross margins X credits line, future prospects like robo-taxis, and considerations of AI in Tesla's growth. Additionally, the discussion includes debates on the robo-taxi business model, potential effects on market share and revenue, comparisons with Uber in ride-hailing, and the implications for Tesla's valuation and market competition.
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