Tesla Earnings: Falling Revenue, ’Invests’ in Elon Musk's xAI Money Furnace

John Johnston (JJ) breaks down the latest news about the Tesla Q4 and Full Year Earnings Update, including that Tesla is investing $2 Billion in Elon Musk’s OpenAI competitor xAI. Tesla is also discontinuing its Model X and Model X vehicles lines as it pivots to robotics and autonomous robotaxis. However, Tesla’s “unsupervised” robotaxis seem to have vanished from Austin streets, after the pre-earnings announcement of the launch of them, despite Elon saying on the earnings call that they are operating. 

Related episodes:

Tesla: “The Biggest Bubble Possibly in Stock Market History”? https://open.spotify.com/episode/5tTiyJDPHzjaOO04nRp1fU

AI Bubble: Is OpenAI Going Broke? https://open.spotify.com/episode/4xPM7mmWrmDHcRmdytpEoq

Did Elon Lie About Unsupervised Robotaxis Starting in Austin? https://open.spotify.com/episode/7mmzCXDv7S7KfRm9GrqqAc

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.