Tesla’s Next Huge Challenge

Robert Way / iStock Editorial via Getty Images Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk likes to say Tesla is not a car company but a robotics and artificial intelligence (AI) company. However, a look at its most recent earnings shows that is not the case, for now. Of its 28billionofrevenueinthemostrecentquarter,over28 billion of revenue in the most recent quarter, over 21 billion was from its automotive business. The challenge to its valuation for now (Tesla has the 10th largest market cap in the world at $1.4 trillion) is unit sales. Local elect ...