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 may very well 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 learn about it:
Tesla $25k inexpensive mannequin
Tesla has but to shed any mild on whether or not it is going to construct a $25,000 EV other than the Cybercab, which Musk stated could be priced under $30,000.
Buyers and analysts are nicely conscious the automobile may assist Tesla break into a wholly new shopper base and assist broaden 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 in regards to the $25k mannequin and whether or not Tesla plans to convey the sort of automobile at this lower cost level to market.
Sadly, Musk will probably 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 in recent times, 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 affordable wait occasions for homeowners, 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 homeowners complaining of service wait occasions 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 homeowners 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 cell service autos practically each quarter, Tesla is falling behind on creating an environment friendly upkeep mannequin for homeowners.
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 may have unveiled it at We, Robotic, and it will have been an enormous improvement.
(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 large for individuals who are ready to drop $250,000 on the automotive.
Tesla Cybertruck AWD Tax Credit score
Maybe one of the crucial 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 present qualifying automobile, which disqualifies homeowners who take supply from the $7,500 credit score, which is now accessible on the level of sale.
Ryan McCaffrey even introduced up the difficulty:
I can not 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 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 convey some extra info to homeowners and even potential patrons 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.
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