Tesla CEO Musk warns of rough quarters ahead, Wedbush remains bullish on AI vision

  • Tesla Inc (NASDAQ:TSLA) shares moved almost 10% lower following the automaker's second quarter earnings report as CEO Elon Musk warned the company could face “a rough few quarters ahead.” The company is facing several challenges, including the loss of the US federal EV tax credit, rising competition, tariff costs and Musk's political activities, which has alienated some of its customer base.