Technology@lemmy.zipEnglish · 1 month ago

Tesla Stock in Freefall After Disastrous Earnings Report

finance.yahoo.com

cross-posted to:
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Tesla Stock in Freefall After Disastrous Earnings Report

finance.yahoo.com

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Technology@lemmy.zipEnglish · 1 month ago

cross-posted to:
[email protected]

Investors aren't feeling Musk's attempt to reinvent Tesla.

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1 month ago

the company’s gross profits dropped as operating expenses climbed far quicker than revenue, in large part thanks to AI-related capital expenses

Glorious. Just glorious.

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