Tesla's (TSLA) second quarter earnings are due out Tuesday, July 23, after the market close. As the EV maker pivots further into AI, robotics, and robotaxis,...
) second quarter earnings are due out Tuesday, July 23, after the market close. As the EV maker pivots further into AI, robotics, and robotaxis, Roth MKM Senior Research Analyst Craig Irwin finds the stockIrwin praises how Tesla CEO Elon Musk has"impeccably" challenged traditional automakers and original equipment manufacturers , calling Musk's tactics"unreasonable and successful.
Yet when you take a look underneath the surface as you are pointing out, there is still a heck of a lot to be a little bit worried about here in the short term.And, and if, if you just like take a look at the, you know, the set up on the table, he has forced all the major O ems to automotive o ems to actually have ev programs.He jumps in with Tesla, you know, reshapes the uh the business model of, of, of the company that, that, that he took control of.
Craig, I want to talk about the bread and butter for Tesla because former President Donald Trump mentioned his take on electric vehicles and Tesla specifically at a rally over the weekend.I love Elon Musk and I'm constantly talking about electric cars, but I don't mean I'm against, I'm totally for them, but whatever the market says, but you can't have 100% electric cars.
You're going to see more pricing pressure, it's gonna be painful, but this is the creation of the market.The post office really screwed up when they didn't go for a bigger, um, you know, EV commitment.
Elon Musk Original Equipment Manufacturers President Trump Tesla Roth MKM Senior Research Analyst
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla stock rally continues as robotaxi reveal date nearsTesla (TSLA) stock continues its upward trajectory, buoyed by the company's second quarter delivery performance that surpassed analyst expectations. Tesla...
Read more »
Tuesday’s analyst upgrades and downgrades for June 25, 2024Inside the Market’s roundup of some of today’s key analyst actions
Read more »
Tuesday’s analyst upgrades and downgrades for July 16, 2024Inside the Market’s roundup of some of today’s key analyst actions
Read more »
Tuesday's analyst upgrades and downgrades for July 9, 2024Stocks featured include DRI Healthcare, BCE, Rogers and Telus
Read more »
Tuesday’s analyst upgrades and downgrades for July 2, 2024Inside the Market’s roundup of some of today’s key analyst actions
Read more »
Tesla earnings: Watch for Full Self-Driving info, analyst saysTesla (TSLA) will release its second quarter earnings after the market close on Tuesday, July 23rd. There will likely be some focus on Tesla's Full-Self...
Read more »