EV maker Tesla reported its second straight quarter of year-over-year sales declines. But, some analysts see light at the end of the tunnel for the company with the help of AI.
In its Q2 Q2 earnings report released on Tuesday, Tesla revealed quarterly profitability from the sale of EVs dropped to its lowest level in five years. Meanwhile, the company generated 7% less revenue compared to the same time last year. All of this led shares to decline about 11% in Wednesday morning trading.
