arstechnica , Englisch
@arstechnica@mastodon.social avatar

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half.

https://arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

MrLee ,
@MrLee@aus.social avatar

@arstechnica
He's basically dropped the ball on everything. Solar roof, energy storage, semi, Roadster, 4680 cells, affordable EV. It's all very well to pivot to robotics and AI, but you don't do that at the expense of the rest of the business.

qhstone ,
@qhstone@mstdn.social avatar

@arstechnica I imagine he’s buying GPUs as part of his push for AI at Tesla. He thinks grok is the next big thing.

Of course he also thought that about the Cybertruck which has sold less than 4000 units so far.

xs4me2 ,
@xs4me2@mastodon.social avatar

@arstechnica

Who would like to buy a car from a guy with such a toxic image... I would never ever.

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