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 might 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 mild on whether or not it would construct a $25,000 EV aside from the Cybercab, which Musk mentioned could be priced under $30,000.
Buyers and analysts are effectively conscious the car may assist Tesla break into a completely new shopper base and assist develop gross sales and deliveries, that are anticipated to be stage with 2023 ranges this yr 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 carry this sort of car at this cheaper price 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 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 affordable 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 advised it is going to be two months earlier than you will get an appointment.
Tesla house owners complain about prolonged Service waits of practically two months
Tesla needed 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 autos 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 yr was no completely different, as Musk mentioned 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 mentioned 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 could be large for many 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 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’t imagine 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 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 carry 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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