Elon Musk Just Told Tesla Investors to Sell Their Shares. Here’s Why He Might Be Right. | News World

Elon Musk had some frank words for investors during the second-quarter earnings call.

Earnings season is back in full bloom, and per usual, big tech is providing investors with no shortage of reasons to pay attention.

Electric vehicle (EV) pioneer Tesla (TSLA -4.24%) got the party started by kicking off earnings season in late July. In a shock to probably no one, Tesla CEO Elon Musk shared his brutally honest thoughts about the company’s future.

Let’s take a look at some of Musk’s polarizing remarks during the earnings call, and assess why he might be right and what it means for Tesla investors in the long run.

Elon said what?!

Although Tesla is best known for its fleet of EVs, Musk has made it abundantly clear on several occasions that he sees the company as an artificial intelligence (AI) and robotics business.

While there are many ways that Tesla can benefit from AI, the…

Source www.fool.com

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