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From Erin Delmore in new york. Tesla shares spent most of the year sliding between lagging sales, production snarls, Shipping Delays and increased competition from overseas ev makers. Then shares started gaining. They were up 40 since The End of may. See, investors started focusing less on teslas Slumping Ev sales and more on chief executive Elon Musk s plans to make tesla into an artificial Intelligence Powerhouse with al powered robo taxis and humanoid robots. Alluring . Yes. Profitable . No. Or at least, not yet. Tesla unveiled its second quarter earnings tuesday after wall streets closing bell, and reported a 45 drop in profit between april and june. That came in lower than analysts had estimated. Sales fell nearly 5 in the second Quarter And Production fell as well. Now, investors are left to see whether tesla can successfully rev up its lagging Car Sales or begin monetising its Ai Offerings fast enough to make up for it. I am joined from chicago by seth goldstein, an Equity Strat
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