5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Teslas future

General News

Summary

Elon Musk tried to rally Tesla bulls Tuesday, brushing off a weak first-quarter earnings report and touting a future of "sustainable abundance." Tesla missed expectations on the top and bottom lines and reported a 71% plunge in net income from the year prior. When the report came out Tuesday after hours, shares did not react, with all eyes on Musks comments on the earnings call. Here are five key quotes from Musk on the Tesla earnings call, as transcribed by FactSet: "The future of the company is fundamentally based on large-scale autonomous cars and large-scale and large volume, vast numbers of autonomous humanoid robots. We expect to have thousands of Optimus robots working in Tesla factories by the end of this year, beginning this fall.

Classifications

industries
No industries detected
applications
Calendar, Scheduling

AskAI Classifications

Labels
No AI classifications detected

Linked Companies