Tesla earnings supported hypothesis

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2 days ago

Summary

Tesla's earnings report shows a significant decline in profits, but investors remain hopeful due to the company's potential for innovation and growth. The article explores this contradiction and its implications for the company's future.

Key Points

Tesla's profits are down 71% YoY
The company is expected to launch autonomous vehicle ride-hailing services
Anti-Musk sentiment affects the brand

Why It Matters

The article highlights the contradictory nature of Tesla's recent earnings report, which may impact investor confidence and the company's future growth.

Author

Kirsten Korosec

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