16.7 C
New York
Wednesday, October 23, 2024

Tesla traders need Elon Musk to debate this stuff at Q3 Earnings


Tesla traders (NASDAQ: TSLA) need CEO Elon Musk to debate this stuff on Wednesday as the corporate will report earnings for the third quarter of 2024.

Recent off the heels of the “We, Robotic” occasion, the place Tesla unveiled the Cybercab, its model of a robotaxi, the Robovan, which could possibly be named one thing fully completely different, and used the Optimus bot to serve drinks and entertain, the corporate will report earnings tomorrow.

Buyers and analysts submit inquiries to Say, an investor relations platform, to ask Musk and different executives.

Listed here are the 5 issues traders wish to find out about it:

Tesla $25k reasonably priced mannequin

Tesla has but to shed any gentle on whether or not it would construct a $25,000 EV other than the Cybercab, which Musk mentioned could be priced beneath $30,000.

Buyers and analysts are effectively conscious the automobile may assist Tesla break into a completely new shopper base and assist increase gross sales and deliveries, that are anticipated to be degree with 2023 ranges this 12 months at 1.8 million.

A number of of the highest questions on Say ask in regards to the $25k mannequin and whether or not Tesla plans to carry such a automobile at this lower cost level to market.

Sadly, Musk will doubtless deflect this query as he often refuses to disclose any potential automobile plans on earnings calls.

Tesla Service

It’s no secret Tesla Service has been an actual bottleneck of the corporate in recent times, and with extra autos on the street than ever, extra service is required.

Sadly, that is nonetheless a ache level for Tesla because it continues to battle with cheap wait occasions for homeowners, and though it has tried to streamline the method up to now, it has come up remarkably quick.

It was not way back that we reported on some homeowners complaining of service wait occasions of practically two months. Think about having a automotive that’s in want of service, solely to be instructed will probably be two months earlier than you may get an appointment.

Tesla homeowners complain about prolonged Service waits of practically two months

Tesla wished to streamline service with an F1-style pit-stop strategy, however it actually by no means got here to fruition. Though there are extra service facilities and cellular service autos practically each quarter, Tesla is falling behind on creating an environment friendly upkeep mannequin for homeowners.

Tesla Roadster

For years, we’ve been listening to the Tesla Roadster is coming.

This 12 months was no completely different, as Musk mentioned the automobile could be unveiled on the finish of 2024, however there are not any present plans as of now, and there has not even been a touch. Tesla may have unveiled it at We, Robotic, and it could have been an enormous growth.

(Credit score: Tesla)

Musk mentioned earlier this 12 months that “many of the engineering” has been accomplished already, and manufacturing would start subsequent 12 months.

Actually any clarification on whether or not that is nonetheless the plan could be huge for many who are ready to drop $250,000 on the automotive.

Tesla Cybertruck AWD Tax Credit score

Maybe some of the vital questions that doesn’t appear to be as vital because the aforementioned subjects is that of the Cybertruck AWD qualifying for the EV tax credit score.

The IRS doesn’t have the Cybertruck as a at the moment qualifying automobile, which disqualifies homeowners who take supply from the $7,500 credit score, which is now accessible on the level of sale.

Ryan McCaffrey even introduced up the difficulty:

Tesla may clear the air considerably right here and assist carry some extra info to homeowners and even potential consumers who wish to purchase the Cybertruck however would love the assistance from the tax credit score.

Tesla will report its earnings tomorrow at market shut, 4 p.m. on the East Coast.

Want equipment to your Tesla? Take a look at the Teslarati Market:

Please electronic mail me with questions and feedback at [email protected]. I’d love to talk! You too can attain me on Twitter @KlenderJoey, or when you have information suggestions, you possibly can electronic mail us at [email protected].

Tesla traders need Elon Musk to debate this stuff at Q3 Earnings








Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles