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.
Contemporary 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 utterly completely different, and used the Optimus bot to serve drinks and entertain, the corporate will report earnings tomorrow.
Traders 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 learn about it:
Tesla $25k reasonably priced mannequin
Tesla has but to shed any mild on whether or not it’s going to construct a $25,000 EV other than the Cybercab, which Musk stated can be priced beneath $30,000.
Traders and analysts are properly conscious the car may assist Tesla break into a wholly new shopper base and assist develop gross sales and deliveries, that are anticipated to be degree with 2023 ranges this yr at 1.8 million.
A number of of the highest questions on Say ask concerning the $25k mannequin and whether or not Tesla plans to deliver the sort of car at this lower cost level to market.
Sadly, Musk will probably deflect this query as he normally refuses to disclose any potential car 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 automobiles on the street than ever, extra service is required.
Sadly, that is nonetheless a ache level for Tesla because it continues to wrestle with cheap wait occasions for homeowners, and though it has tried to streamline the method prior to now, 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 automotive that’s in want of service, solely to be instructed will probably be two months earlier than you will 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 method, but it surely actually by no means got here to fruition. Though there are extra service facilities and cell service automobiles 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 yr was no completely different, as Musk stated the car can 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 might have been an enormous growth.
(Credit score: Tesla)
Musk stated earlier this yr that “a lot of the engineering” has been accomplished already, and manufacturing would start subsequent yr.
Actually any clarification on whether or not that is nonetheless the plan can be huge for individuals 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 car, 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 problem:
I can’t imagine that the #1 query isn’t, “What are you able to inform us concerning the particular person tax credit score eligibility on the Twin Motor Cybertruck? Is the problem with regulatory process on the IRS facet or is there a component to the truck’s battery cells that disqualifies it?”
— Ryan McCaffrey (@DMC_Ryan) October 22, 2024
Tesla may clear the air considerably right here and assist deliver some extra data 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.
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