When do investments pay off?: Tesla burns money and raises questions
According to LSEG data, experts had expected an average of 25.7 billion dollars.
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Summary
According to LSEG data, experts had expected an average of 25.7 billion dollars. Investments in this area are expected to rise to $25 billion this year. In terms of sales, the car manufacturer from Austin in Texas, on the other hand, performed better than predicted: Revenues amounted to $28.2 billion.
Furthermore, The adjusted profit was 33 cents per share, as the US group announced on Wednesday after the US stock market close. Analysts had expected 51 cents in advance, after 40 cents in the same period of the previous year. Tesla has burned money for the first time in more than two years with heavy spending on AI and robotics.
In addition, CEO Elon Musk has recently shifted the focus from car production to AI projects such as self-driving taxis and humanoid robots. With around 480,000 cars, Tesla sold more than ever before in this period.
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According to LSEG data, experts had expected an average of 25.7 billion dollars.
reliability moderate2/2 sourcesInvestments in this area are expected to rise to $25 billion this year.
reliability moderate2/2 sourcesIn terms of sales, the car manufacturer from Austin in Texas, on the other hand, performed better than predicted: Revenues amounted to $28.2 billion.
reliability moderate2/2 sourcesThe adjusted profit was 33 cents per share, as the US group announced on Wednesday after the US stock market close.
reliability moderate2/2 sourcesAnalysts had expected 51 cents in advance, after 40 cents in the same period of the previous year.
reliability moderate2/2 sourcesAccording to data from LSEG, analysts had assumed a minus of 3.3 billion dollars.
reliability moderate2/2 sourcesTesla has burned money for the first time in more than two years with heavy spending on AI and robotics.
reliability moderate2/2 sourcesCEO Elon Musk has recently shifted the focus from car production to AI projects such as self-driving taxis and humanoid robots.
reliability moderate2/2 sources
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With around 480,000 cars, Tesla sold more than ever before in this period.
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