Meta and Tesla Earnings Unpacked | Pivot
Episode Description
Kara Swisher and Scott Galloway discuss the latest earnings reports from Meta and Tesla, and what the companies are saying to investors about the future.
Brief Summary
Meta's earnings soar while Tesla faces revenue decline amid AI investment discussions.
Key points
- Meta's Earnings Surge. Meta's revenue increased by 27%, with net income more than doubling to $12.37 billion.
- AI Investments vs. Reality. Mark Zuckerberg is doubling down on AI investments despite the lack of a clear business plan.
- Tesla's Struggles. Tesla's profit fell 55%, marking the biggest decline since 2012.
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- AI Investments vs. RealityMark Zuckerberg is doubling down on AI investments despite the lack of a clear business plan.“AI doesn't have a business plan yet.”0:42Apr 26, 2024
- Tesla's StrugglesTesla's profit fell 55%, marking the biggest decline since 2012.“The biggest decline since 2012.”6:15Apr 26, 2024
Tension
45/ 100Some tension
