Elon Musk made big promises for Tesla, but 2 products are key to a rebound

Tesla analysts want cheaper models and robotaxis to come to market.

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• Elon Musk talked robots amid slumping Tesla sales in first quarter earnings.
• Analysts, meanwhile, are focused on cheaper models and robotaxis.
• Tesla's first-quarter profits dropped 71%, with auto revenues down 20% year over year.

Elon Musk made some big, exciting promises to Tesla investors on the company's first-quarter earnings call Tuesday — but he said they won't start paying off until mid-2026 or later.