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MarketBeat
MarketBeat
Business
Sam Quirke

Tesla’s Earnings Confirm the Shift to AI—But at What Cost?

Shares of Tesla Inc (NASDAQ: TSLA) were trading down more than 2% in Thursday’s premarket session following the company’s latest earnings report, released on Wednesday night. Though not the immediate market reaction investors hoped for, it neatly captures the company’s current dilemma.

On the one hand, Tesla has laid out an ambitious and transformative vision that doubles down on its artificial intelligence (AI) and autonomy plans. On the other hand, the cost of that vision is becoming increasingly difficult to ignore.

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