C3.ai(US:AI) CNBC Television·2025-08-12 21:38Financial Performance & Sales Execution - C3AI's stock experienced a significant drop, reaching its lowest level in over two years, reminiscent of early 2023 [1] - The company acknowledges unacceptable sales execution despite a large market, strong product, and satisfied customers [2] - Preliminary first quarter results prompted a reorganization of sales and services teams [1] - The CEO admits that sales performance last quarter was inexcusable [7] Leadership & Strategy - C3AI has brought in a new generation of senior sales leadership in the last quarter, potentially causing confusion in sales management [4] - The CEO's health issues impacted his active participation in the sales process [5][6] - The CEO will transition to executive chairman, focusing on product strategy, partner relationships, and significant customer relationships [10][11] - The company is searching for a new CEO [10] Future Outlook - C3AI views the current situation as a "punctuation mark," not the end of the story, drawing parallels to other tech companies' past misses [8] - The company anticipates a return to form, suggesting that the current challenges will be forgotten in the near future [9]