The company's sales fell for a second year in a row, as Tesla looks to AI and robotics, including a new $2 billion investment in CEO Elon Musk's company xAI.
Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.
I can rant for hours about all the insanely sketchy stuff they’ve done solely for a one quarter boost, and plenty of other stuff where their cost-cutting directly resulted in loss of life.
My favorite is how Tesla invested in Bitcoin in 2021 and started reported unrealized gains from its Bitcoin holdings in certain quarters when the price went up but then just omitted it for the next quarter when it was down. I believe that they have changed the laws regarding that now… if that matters.
My favorite is how Tesla invested in Bitcoin in 2021 and started reported unrealized gains from its Bitcoin holdings in certain quarters when the price went up but then just omitted it for the next quarter when it was down. I believe that they have changed the laws regarding that now… if that matters.