Wall Street Breakfast Tesla touts ambitious plans, market shrugs
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Jul 24, 2025 Tesla aims for half of the U.S. to have access to its autonomous ride-hailing service by year-end, along with ramping up its Optimus and energy initiatives. Meanwhile, Chipotle expresses confidence in returning to mid-single-digit growth, despite recent earnings challenges. The podcast also explores the political tension surrounding Trump's visit to the Federal Reserve, adding pressure on Chair Powell amidst changing economic conditions.
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Tesla's Robo-Taxi Ambition
- Tesla aims for half of the US population to have access to its robo-taxis by end of 2023.
- Regulatory and production challenges have delayed the Autopilot release but plans remain ambitious.
Affordable Tesla EV Goals
- Tesla plans to release a more affordable electric vehicle by Q4 2023.
- Loss of EV incentives may cause short-term challenges, but affordability remains a key focus.
Chipotle Sees Sales Decline
- Chipotle missed revenue estimates with a 4% decline in comparable restaurant sales in Q2 2023.
- Transactions dropped nearly 5%, leading to a cautious outlook for full-year sales growth.