Tesla buyers (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 might be named one thing fully 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 buyers need to learn about it:
Tesla $25k inexpensive mannequin
Tesla has but to shed any gentle on whether or not it’ll construct a $25,000 EV other than the Cybercab, which Musk stated could be priced under $30,000.
Traders and analysts are effectively conscious the automobile might 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 concerning 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 doubtless deflect this query as he normally 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 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 instances for house owners, and though it has tried to streamline the method previously, it has come up remarkably quick.
It was not way back that we reported on some house owners complaining of service wait instances of practically 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 may get an appointment.
Tesla house owners complain about prolonged Service waits of practically two months
Tesla wished to streamline service with an F1-style pit-stop method, however it actually by no means got here to fruition. Though there are extra service facilities and cellular service automobiles practically 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 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 might have unveiled it at We, Robotic, and it might have been an enormous improvement.
(Credit score: Tesla)
Musk stated earlier this 12 months that “a lot 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 probably the most necessary questions that doesn’t appear to be as necessary 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 presently qualifying automobile, which disqualifies house owners 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 consider 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 aspect or is there a component to the truck’s battery cells that disqualifies it?”
— Ryan McCaffrey (@DMC_Ryan) October 22, 2024
Tesla might clear the air considerably right here and assist deliver some extra data to house owners and even potential consumers who need 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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