Tesla Misses Profit Estimates as Elon Musk Delays ‘Robotaxi’ Launch
- Tesla's profits dropped by 45% in Q2 due to slower sales, high lay-off costs, and heavy AI investments. The net income was $1.47bn, missing the $1.9bn estimate, causing an 8% drop in after-hours trading.
- Elon Musk postponed the laun...