Elon Musk failed to address key issues during Tesla’s third-quarter earnings call, causing the stock to drop nearly 4%. Musk focused on bold promises like robotaxis and humanoid robots, despite challenges in autonomous driving. FSD revenue was lower than last year, and Tesla’s brand ranking dropped. Musk also defended his $1 trillion pay plan.

Investors are concerned about Tesla’s lack of new products, declining brand ranking, and challenges in autonomous driving. Musk focused on bold promises during the earnings call, such as robotaxis and humanoid robots. FSD revenue was lower than last year, and the stock dropped nearly 4%. Musk also defended his $1 trillion pay plan.

Elon Musk’s Tesla earnings call failed to address key issues, causing the stock to drop almost 4%. Musk focused on bold promises like robotaxis and humanoid robots, despite challenges in autonomous driving. FSD revenue was lower than last year, and Tesla’s brand ranking dropped. Musk also defended his $1 trillion pay plan.

Read more at CNBC: Elon Musk touted Robotaxi, Optimus, not EV demand in Tesla earnings