Gary Zhou 
Key Points
- 😊 Tesla investors are looking forward to the Q2 2023 Earnings Call to gain insights into important aspects of the company.
- 😎 Five key areas of interest for investors include Full Self-Driving licensing, Cybertruck pricing and configurations, Supercharger expansion, and 4680 cell development.
- 🚗 Investors want to know if other automakers have approached Tesla to license FSD and whether FSD transferability will be allowed for existing customers.
- 🛻 Tesla enthusiasts are eager for more information on Cybertruck orders, including delivery schedules, pricing, and specifications.
- 🔌 Questions are raised about Supercharger expansion, congestion management, and dealing with long lead times for upgrading electric T&D services.
- 🔋 Investors seek updates on the status of the 4680 cell project, its progress, and whether Tesla is on track with the Battery Day specifications.
Tesla (NASDAQ: TSLA) to host Q2 2023 Earnings Call; Investors eager for insights on Full Self-Driving licensing, Cybertruck details, Supercharger expansion, and 4680 cell progress
Tomorrow, Tesla is scheduled to conduct its Earnings Call for the second quarter of 2023, and investors are eagerly anticipating updates on critical aspects. They are particularly interested in learning more about Full Self-Driving licensing, Cybertruck pricing, configurations, Supercharger network expansion, and the progress of 4680 cell development.
According to Say, a prominent investor platform, Tesla shareholders are eager to pose questions to CEO Elon Musk and other company executives during the call. These queries will significantly impact Tesla’s performance on Wall Street and provide a broader outlook for the company in the latter part of 2023 and beyond.
Outlined below are the top five questions that retail investors hope to gain further insights on during the upcoming Earnings Call:
- Has any automaker approached Tesla to license FSD?
- Musk recently said that “Tesla aspires to be as helpful as possible to other car companies,” and indicated that he would be open to licensing Autopilot or Full Self-Driving to rival automakers. With Ford, GM, and others already developing their own programs, Tesla would likely license Autopilot or FSD to a startup company. However, there is always the potential that one company adopting it would catalyze many others to make the same choice, just as it did with Ford’s choice to adopt NACS.
- Have you considered allowing FSD transferability as a level to allow existing customers to upgrade to a new Tesla instead of being locked into existing cars due to the price of FSD?
- Tesla has not allowed the transferability of FSD to a new vehicle, and we don’t anticipate this to happen anytime soon. Musk has said FSD’s current price is a bargain compared to what it will be worth when the suite is complete. There is too much money to be made by Tesla from people who want FSD on multiple vehicles, and trading in your car will likely require you to buy the suite again.
- When will you give more information about out Cybertruck orders? Estimated delivery schedules, pricing, and specifications?
- We expect Tesla to reveal information about the Cybertruck during this Earnings Call, as the first production units have already rolled off of lines based on images shared by the company last weekend. It is truly unlikely Tesla doesn’t tell customers what they should expect to pay before the delivery event.
- As you open the Supercharger Network in North America to other EVs, do you plan to accelerate anticipatory investments in Supercharger expansion to avoid congestion and how will you deal with long lead times to upgrade electric T&D services to these areas for multi-megawatt loads?
- Tesla has a major task on its hands with the Supercharger Network being open to various car companies. Battling congestion will be interesting, especially as these companies are going to be sharing the same 12,000 locations. However, the company is opening a new site every 11 hours, which has improved from every 12 hours, on average, in June, and every 13 hours in May.
- What is the status of the 4680 cell? How far are you from the specs you laid out on Battery Day? When do you expect to achieve what you laid out on Battery Day?
- Tesla has built 10 million cells in Texas, countless others in Fremont, and the 4680 project is obviously coming along at a reasonable pace. As far as how far the company is from reaching what it laid out in 2020 at Battery Day, there is no need to speculate. It is a matter of getting raw materials and ramping manufacturing to a point that Tesla is not confined on the cells.
Tesla will report its Earnings tomorrow at market close with the release of its Shareholder Deck. A call with Musk and other executives will follow.
