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.
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 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 wish to find out about it:
Tesla $25k inexpensive mannequin
Tesla has but to shed any mild on whether or not it’s going to construct a $25,000 EV aside from the Cybercab, which Musk stated can be priced beneath $30,000.
Buyers and analysts are nicely conscious the automobile might assist Tesla break into a wholly new shopper 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 concerning the $25k mannequin and whether or not Tesla plans to deliver this sort of 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 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 cheap wait occasions for house owners, and though it has tried to streamline the method prior to now, it has come up remarkably quick.
It was not way back that we reported on some house owners complaining of service wait occasions of almost two months. Think about having a automobile that’s in want of service, solely to be informed it is going to be two months earlier than you may 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 method, however it actually by no means got here to fruition. Though there are extra service facilities and cellular 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 automobile 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 might have unveiled it at We, Robotic, and it will 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 can be huge for many who are ready to drop $250,000 on the automobile.
Tesla Cybertruck AWD Tax Credit score
Maybe some 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 house owners 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 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 info to house owners and even potential consumers 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.
Want equipment in your Tesla? Try the Teslarati Market:
Please e 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’ve got information suggestions, you possibly can e mail us at [email protected].
