Summary
- Investors want to know about Tesla’s $25k affordable model and whether it will be available in the market
- The company’s service wait times and challenges with maintaining vehicles are a concern for investors
- There is anticipation regarding the release of the Tesla Roadster, with previous hints but no clear plan
- The eligibility of the Cybertruck AWD for the EV tax credit is a crucial question for potential buyers
- The earnings report will be released tomorrow, with questions submitted through an investor relations platform.
Article
Tesla investors are eagerly awaiting the third-quarter earnings report from the company, as they hope CEO Elon Musk will address several key topics during the discussion. Following the recent “We, Robot” event, where Tesla unveiled new products such as the Cybercab and Robovan, investors and analysts are eager to hear more information about the company’s future plans. Questions have been submitted to the investor relations platform, Say, in anticipation of the earnings call.
One of the major topics that investors are interested in is Tesla’s plans for a $25,000 affordable electric vehicle (EV). While Musk has hinted at the possibility of such a vehicle being priced below $30,000, no concrete details have been provided. Investors see this as an opportunity for Tesla to expand its consumer base and increase sales and deliveries, which are projected to be on par with the previous year. Questions surrounding the $25k model and its potential impact on the market are expected to be raised during the earnings call.
Another area of concern for investors is Tesla’s service operations, which have been identified as a bottleneck for the company in recent years. With an increasing number of vehicles on the road, Tesla has struggled to provide timely service to its customers, leading to extended wait times for appointments. Despite efforts to improve service through measures like mobile service vehicles, Tesla continues to face challenges in creating an efficient maintenance model for its owners.
The long-awaited Tesla Roadster remains a topic of interest, with Musk previously stating that production would begin in the coming year. However, there have been no recent updates or hints about the vehicle’s progress. Clarification on the status of the Roadster project would be significant for those eagerly anticipating its release. Additionally, questions regarding the eligibility of the Cybertruck AWD for EV tax credits are a point of concern, as the IRS currently does not include the vehicle as a qualifying option. This issue could impact potential buyers who are considering the Cybertruck purchase.
As Tesla prepares to report its earnings for the quarter, investors are looking to Musk for insights on these key topics and more. The company’s recent product announcements and future plans have generated excitement among shareholders, who are eager for updates on Tesla’s expansion and innovation. The earnings call, scheduled for after market close, will provide an opportunity for Musk and other executives to address these pressing questions and provide guidance on the company’s direction moving forward.
Read the full article here
