Is Tesla still profitable?

Tesla hasn't experienced growth like this in a long time; in 23Q1, the company grew by about 4% after producing about 440,000 cars and delivering more than 422,000 of them.

While the majority of automakers have had a very challenging quarter, Tesla has still managed to soar.

This is sufficient to silence the critics who were mocking Elon Musk for lowering the cost of his vehicles and others who were asking for his dismissal as CEO of Tesla.

How did the firm succeed in outperforming most of the other automakers if no one wants a Tesla anymore?

Elon is simply brilliant end of story!

Comments

Why the new Tesla FSD Beta is a game changer

Although I haven't personally used that yet, I have watched some YouTube videos about the Beta and must admit that I am very impressed with how much Tesla has improved the feature. Initially, when using the Full Self Driving mode, the driver had to step in at some point to take over the driving if the car was having trouble doing it on its own. However, with better advancements, the car now typically doesn't need the driver's assistance in situations like these. I adore how, where there are no road markers, the FSD delineates the lanes on itself. For this new Beta, I believe it will be challenging for any other vehicle manufacturer to catch up to Elon Musk and his team at Tesla because they are really doing incredible work with their FSD.

Elon Musk and his success story

According to Elon Musk, he did not grow up with a silver spoon in his mouth as always reported by the media; in fact, he grew up in a lower, transitioning to an upper-middle-income situation, and did not have a happy childhood. He revealed this on Twitter while responding to a tweet by a woman named Deborah, who wrote,‘’ Musk came to the US with no money but graduated with over $100K in debt’’ She continued, ‘’Even having a wealthy family, a student can have a lot of financial difficulties.’’ Musk also claimed that reports that his father owned an emerald mine in Zambia were lies; he wrote, ‘’Regarding the so-called 'emerald mine,' there is no objective evidence whatsoever that this mine ever existed. He told me that he owned a share in a mine in Zambia, and I believed him for a while, but nobody has ever seen the mine, nor are there any records of its existence.‘’ According to Elon, his father rather owned an electrical/mechanical engineering company for 25 to 30 years but was...

How the impromptu interview between Elon Musk and the BBC backfired

The whole thing was exciting to watch! I loved every bit of it. The BBC journalist came to the interview prepared to corner Elon Musk, but he was rather the one cornered and was finding it so hard to even breathe at a certain point during the interview. While finding it very challenging to single out just one instance of such misinformation or hate speech on the social media platform, the BBC journalist accused Elon of allowing it to be spread on Twitter. It was incredibly entertaining to see him try to come up with an explanation. Is it the BBC that decides what misinformation is? Because the BBC has occasionally published false information, Elon Musk questioned. Elon is a BEAST!

Elon Musk Empire

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