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Podcast: The John Johnston Lounge
Episode: Tesla Earnings: Falling Revenue, ’Invests’ in Elon Musk's xAI Money Furnace
Description: 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...