Lol the logic doesn't work for Tesla. Tesla is arguably the single most impactful real world AI company at the moment (aside from NVIDIA which is more a picks and shovels play). It's just negative sentiment surrounding the company but the reality is they are one of the most important if not the most important AI play at the moment
No mention of actual numbers here. 60k plus EV sales for GM versus tesla 300k plus.... and Tesla has already moved on to autonomy and humanoid robots. GM catching up? Don't be a fool.
Reuters is straight out lying. The exact quote from Elon on X is “If it was up to me, Tesla would have already invested.” So much for "doesn't support merger" Be careful of what you read
Musk Says He Doesn't Support Merger Between xAI And Tesla
BRIEF-Musk Says He Doesn't Support Merger Between XAI And TeslaJuly 14 (Reuters) - MUSK SAYS HE DOESN'T SUPPORT MERGER BETWEEN XAI AND TESLASource text: https://tinyurl.com/4wjbr334Further company coverage: TSLA.O ((Reuters.Briefs@thomsonreuters.com;))
What is the point of this article? Why is Reuters writing something that is more than a week old with nothing new to add... and the article conveniently missed the point that Tesla already said they are working on other more affordable models... utter BS
Musk Now Says It's "Pointless" to Build a $25,000 Tesla for Human Drivers
By Chris Kirkham Nov 5 - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network. “Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses. Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous. His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”
Why not say "Value creation by Elon for shareholders dwarfs median CEOs" What's the point of arbitrarily saying Elons pay is high without comparing what he was being paid for... this news piece has no class