Tesla Bulls Say Heavy Spending Is the Price of Becoming an AI Powerhouse
Tesla, Inc. investors are again confronting the company’s defining question: Is it an automaker with an expensive valuation, or an artificial-intelligence company still early in its growth story? The debate intensified after Tesla reported first-quarter results that showed rising revenue, improving profits and sharply higher capital expenditures. The company spent $2.49 billion in the quarter, Read More…