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 may very well be named one thing utterly completely 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 inexpensive mannequin
Tesla has but to shed any gentle on whether or not it should construct a $25,000 EV other than the Cybercab, which Musk stated could be priced beneath $30,000.
Buyers and analysts are effectively conscious the car may assist Tesla break into a wholly new client base and assist broaden 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 in regards to the $25k mannequin and whether or not Tesla plans to deliver this kind of car at this cheaper price level to market.
Sadly, Musk will seemingly 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 occasions for house owners, and though it has tried to streamline the method up 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 automotive that’s in want of service, solely to be advised 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 needed to streamline service with an F1-style pit-stop strategy, however it really 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 completely different, as Musk stated the car 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 may have unveiled it at We, Robotic, and it might have been an enormous growth.
(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 huge for many who are ready to drop $250,000 on the automotive.
Tesla Cybertruck AWD Tax Credit score
Maybe one of the necessary questions that doesn’t appear to be as necessary 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 presently qualifying car, 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 difficulty:
I can’t consider that the #1 query isn’t, “What are you able to inform us in regards to 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 deliver some extra info to house owners and even potential patrons 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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