Tesla Cuts Spending Before Potential SpaceX Deal Even as Musk Bets Future on AI, Robots

vienna.at

suedtirolnews.it

View article

Reposted by

suedtirolnews.it

Factuality

Ownership

Tesla closed the last quarter with a break in profits: year-on-year there was a decrease of 43 percent to 787 million dollars (700 million euros). Revenue stagnated at around 28.05 billion dollars (about 25 billion euros). Tesla CEO Elon Musk had confirmed on the day before the quarterly figures considerations about a merger with the space company SpaceX, which he also led. In the telephone conference on the Tesla figures, however, the topic was…