Tesla traders (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 could possibly be named one thing utterly totally 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 below 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 is going to construct a $25,000 EV aside from the Cybercab, which Musk stated could 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 12 months 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 carry such a car at this lower cost level to market.
Sadly, Musk will possible 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 lately, 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 instances for house owners, and though it has tried to streamline the method up to now, it has come up remarkably brief.
It was not way back that we reported on some house owners complaining of service wait instances of almost two months. Think about having a automotive that’s in want of service, solely to be informed will probably be two months earlier than you will get an appointment.
Tesla house owners complain about prolonged Service waits of almost two months
Tesla wished to streamline service with an F1-style pit-stop strategy, but it surely actually by no means got here to fruition. Though there are extra service facilities and cell service autos almost each quarter, Tesla is falling behind on creating an environment friendly upkeep mannequin for house owners.
Tesla Roadster
For years, we’ve been listening to the Tesla Roadster is coming.
This 12 months was no totally different, as Musk stated the car 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 improvement.
(Credit score: Tesla)
Musk stated 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 large for individuals who are ready to drop $250,000 on the automotive.
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 car, which disqualifies house owners who take supply from the $7,500 credit score, which is now obtainable on the level of sale.
Ryan McCaffrey even introduced up the difficulty:
I can not 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 difficulty with regulatory process on the IRS aspect 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 carry some extra data to house owners and even potential patrons who wish 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.
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