12min chapter

Bloomberg Businessweek cover image

Bloomberg Businessweek Weekend - October 25th, 2024

Bloomberg Businessweek

CHAPTER

Tesla's Earnings and Challenges Ahead

This chapter analyzes Tesla's recent earnings report, which outperformed expectations, largely due to the Cybertruck's profitability and reduced material costs. It also covers Elon Musk's cautious optimism, the impact of political affiliations on Tesla's brand, and investor concerns about future delivery growth amid technological challenges. Additionally, the chapter speculates on the rollout of more affordable vehicles and addresses doubts about the company's strategic direction.

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