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Tesla's cheap EV plans will likely be stuck in 'Tesla time'

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Tesla News

Greg Migliore,Elon Musk

Tesla (TSLA) CEO Elon Musk felt especially ambitious in the EV maker's first-quarter earnings call, weighing in on Tesla's timeline for an affordable EV and ...

joins Yahoo Finance to lay out the criticisms Tesla is facing after its most recent earnings, calling investments into robotaxis"the graveyard of where automakers go to, maybe not die, but waste a lot of money." Migliore also points out how efficiently and effectively traditional automakers would be at rolling out an affordable electric vehicle in the time that it takes for Tesla to develop and release its own.

Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.

 

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