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Friday, December 27, 2024

Tesla buyers need Elon Musk to debate these items at Q3 Earnings


Tesla buyers (NASDAQ: TSLA) need CEO Elon Musk to debate these items 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 might be named one thing fully totally 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 buyers need to find out about it:

Tesla $25k reasonably priced mannequin

Tesla has but to shed any gentle on whether or not it should construct a $25,000 EV aside from the Cybercab, which Musk mentioned could be priced under $30,000.

Buyers and analysts are effectively conscious the automobile may assist Tesla break into a completely new client base and assist increase gross sales and deliveries, that are anticipated to be stage 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 deliver this kind of automobile at this lower cost level to market.

Sadly, Musk will possible 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 lately, and with extra autos on the highway than ever, extra service is required.

Sadly, that is nonetheless a ache level for Tesla because it continues to wrestle with affordable wait occasions for homeowners, and though it has tried to streamline the method previously, it has come up remarkably brief.

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

Tesla homeowners complain about prolonged Service waits of practically two months

Tesla needed to streamline service with an F1-style pit-stop method, however it really 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 totally different, as Musk mentioned the automobile could be unveiled on the finish of 2024, however there aren’t any present plans as of now, and there has not even been a touch. Tesla may have unveiled it at We, Robotic, and it might 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 automobile.

Tesla Cybertruck AWD Tax Credit score

Maybe one of the vital questions that doesn’t appear to be as vital because the aforementioned matters 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 out there on the level of sale.

Ryan McCaffrey even introduced up the difficulty:

Tesla may clear the air considerably right here and assist deliver some extra data to homeowners and even potential patrons who need to purchase the Cybertruck however would really like 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? Try the Teslarati Market:

Please e-mail me with questions and feedback at [email protected]. I’d love to talk! You may also attain me on Twitter @KlenderJoey, or when you have information ideas, you’ll be able to e-mail us at [email protected].

Tesla buyers need Elon Musk to debate these items at Q3 Earnings








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