Elon Musk warns ‘rough quarters’ ahead for Tesla
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Amid a messy public falling out with Trump, Musk claimed in a since-deleted tweet from June the president was in the Epstein files.
The Austin-based EV company is still working on taking safety drivers out of the passenger seats and expanding into new cities.
Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.
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Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision of a self-driving future.
The initiative hadn’t been planned to include xAI’s Grok model as recently as March, the former Pentagon employee said.
The White House Press Secretary told reporters that she "doesn't think" Trump wants federal agencies to have contracts with Musk's AI company.
Tesla will release its second quarter earnings on its website after U.S. markets close on Wednesday at 4:00 p.m. ET (2000 GMT). Company executives, including Musk, will hold a live Q&A webcast at 5:30 p.m. ET (2130 GMT). The automaker has invited retail investors to submit and upvote questions online.
As Amazon's star rises, Elon Musk's political pivot may have cost SpaceX billions in potential Golden Dome contract funding.