He had previously said the company was open to licensing the driver-assistance system.įSD does not make the car autonomous and requires driver supervision, and Tesla is under regulatory security following a number of crashes involving its vehicles. Musk said on the call that Tesla was in talks with a major original equipment manufacturer to license its 'full self driving' (FSD) software but did not name the company. Analysts had expected a profit of 82 cents per share, according to Refinitiv. Still, on an adjusted basis, Tesla earned 91 cents per share, on the strength of non-core income and largely in line revenue $24.93 billion.
Lower pricing, along with government tax breaks for EV buyers in the United States and elsewhere, drove Tesla's deliveries to a record 466,000 vehicles in the April-July period globally, but ate into its profitability. they don't want to build up those inventories.' 'They are trying to get the prices right so they can generate the demand for the units, and then they like to run their factories as efficiently as they can.
