Elon Musk acknowledges that achieving free cash flow with Tesla is challenging compared to rivals Lucid Group and Rivian Technologies. Musk responded to a graph showing Tesla’s positive cash flow versus competitors, highlighting the difficulty. Despite positive cash flow, Tesla’s sales have declined globally, with double-digit drops in France and over 60% in the UK. However, Tesla’s permit to operate ride-hailing services in Texas could boost the company as it aims to serve over half of the U.S. population with Tesla Robotaxis by year-end.

Read more at Yahoo Finance: Elon Musk Reacts To Rivian, Lucid Accruing Cash Burn Of $88 Billion As Tesla Remains Only Free Cash Flow Generating Company: ‘Harder Than It Looks’