Tesla (TSLA) released its second quarter results after the closing bell on Tuesday, revealing falling profits for the fourth straight quarter. On the...
) released its second quarter results after the closing bell on Tuesday, revealing falling profits for the fourth straight quarter. On the conference call, CEO Elon Musk alluded to its robotaxi initiative, which is scheduled to be unveiled in October.
And then the thought of the Robo Taxi and I bring that up because Musk was saying it's gonna start with this prototype.How realistic do you think those two timelines are? Uh That's a little harder to do uh in an EV world, especially where competition is accelerating incredibly fast, uh you know, for uh against Tesla.
Uh I'm pretty skeptical on that um as it relates to the autonomy side, which is really what the purpose of the October 10th event. Uh It's a bit hard to imagine in my mind that a camera only solution will truly get the company there with the existing fleet of cars, hence why they probably need a purpose built vehicle that will get more details on October 10th about good reminder that investors should be taking a look at the product announcements as well.
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