In earnings call, Tesla focuses on robots not electric cars
Tesla’s Q3 earnings call spotlighted its ambitions in robotaxi services and the Optimus humanoid project, with less attention on electric vehicle volume growth — a concern given slowing demand for its core cars.
Source CNBC
The company reported a 37% annual drop in profit to $1.4 billion, despite revenue tick-up, underscoring the tension between futuristic aspirations and current business performance.
Analysts warn Tesla must balance its long-term vision with immediate sales and margin improvement — “we love robotaxis, but we love growth too.”