Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $7,

Musk said his automaker “probably could have a few rough quarters” ahead as federal electric vehicle credits expire soon.

R obotaxis driving around Austin. A humanoid robot serving popcorn in Los Angeles. A Tesla delivering itself to a customer. Tesla Chief Executive Elon Musk is telling investors the carmaker’s future is closer than ever—and it doesn’t depend on selling electric vehicles.