Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
1 / 5
0

TechCrunch Mobility: Elon’s admission | TechCrunch

TechCrunch·Kirsten Korosec·about 1 month ago
#Dpdz3zrZ
#amazon#apple#cloudcomputing#evs#google#tesla
Reading 0:00
15s threshold

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Tesla earnings came and went, and much of it fell into the “we expected this” category. Investors seemed surprised by the $1.4 billion in free cash flow, which gave shares a brief bump, and revenue met or slightly exceeded expectations, depending on which batch of analysts you reviewed.  The earnings call, however, did deliver one eyebrow-raising moment that prompted readers (including some ex-Tesla engineers and other founders in the industry) to reach out to me with some schadenfreude-tinted prose. CEO Elon Musk admitted that millions of Tesla owners will need hardware upgrades to run a future, more capable version of its Full Self-Driving software that doesn’t require human supervision.  There are financial and legal implications for Tesla.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More