Tesla faces major sales drop in an important EV market
Some believe CEO Elon Musk's politics are making Teslas seriously uncool.
Earlier than Tesla's (TSLA) Q4 2024 earnings name on Jan. 29, the infamous EV automaker equipped some beautiful contaminated numbers, in conjunction with a score year-over-year gross sales decline and extinct earnings numbers that included a 71% dip in score income to $2.3 billion.
Despite indicators pointing downwards, Tesla CEO Elon Musk's temper one day of the earnings name used to be a chunk optimistic. He talked largely about synthetic intelligence, robotaxis, and self sustaining autos in preference to the EVs they sell to patrons.
In remarks to buyers and analysts, Musk touted a brand new pattern with Fat-Self Driving, or FSD, pronouncing that Tesla autos outfitted with the technology would have the selection to selecting up and riding around passengers autonomously in Austin, Texas in a topic of some months.
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