Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google
CNBC - 2024-04-22T21:36:20.000Z

This quarter's earnings reports from the U.S. tech giants coincide with a mountain of drama that the companies are facing.

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As tech’s behemoths get set to report earnings this week, they do so facing a mountain of drama. At Google, there have been protests and restructurings, while Tesla just announced mass layoffs, price cuts and a Cybertruck recall. Microsoft’s OpenAI relationship faces fresh scrutiny and Facebook parent Meta’s major rollout of its new artificial intelligence assistant last week didn’t go so well. The […]
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Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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In related news

Tech’s earnings bonanza this week shines spotlight on growing troubles at Tesla, Google

Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push

Tesla earnings week spotlights EV price cuts, 'balls to the wall' autonomy push