Tesla chases quantity over cash in in autonomy gamble

Tesla showed it had deliberate to head in opposition to the new development of the broader automobile business and prioritise gross sales over earnings with its contemporary value cuts, leading to lower-than-expected margins for the primary quarter of the yr.

“We’ve got taken a view that pushing for upper volumes and a bigger fleet is the appropriate selection right here as opposed to a decrease quantity and better margin,” CEO Elon Musk mentioned at the

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Is Elon Musk nonetheless match to run Tesla?

It’s onerous to have a look at the scoop in recent times with out Elon Musk being on the entrance and heart of items. His fresh $44 billion acquisition of Twitter and the ensuing turmoil were feeding the headlines for a month. However there’s a lot more at stake than simply his social media massive; Musk leads different multi-billion enterprises, Tesla and SpaceX. Which makes his oversight of The Dull Corporate and Neuralink look like leisure pursuits. 

In different phrases, Musk has so much on his plate, which ends up in the logical query of whether or not he’s nonetheless

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