📈 Tesla’s Q3 report highlights a strong non-GAAP gross margin of 19.8%. 🚗 Automotive gross margin rebounded to 17.05%, exceeding analysts’ expectations. 🔔 Analysts are optimistic about future production and delivery rates in 2025. 🌍 Improvement in costs and macroeconomic factors, like demand in China, boosted performance. 📉 The previous pressure on Tesla’s margins due…
🚀 Tesla’s stock surged over 20% after a strong earnings report highlighting impressive margins and future guidance. 📉 Cost of Goods Sold per Vehicle decreased to the lowest in Tesla’s history, improving margins significantly. 📈 Tesla’s gross margin and operating margin rose to 19.8% and 10.8%, respectively. 📅 Investors are optimistic about 2025, with projected…
🚗 The Tesla Roadster has faced numerous delays with no clear production timeline in sight. ⏳ Tesla prioritizes other projects over the Roadster, contributing to its continuous postponement. 🗣️ Despite deposit holders’ frustration, Tesla has not committed to a definitive release date. 🚀 Elon Musk teases hover capabilities for the Roadster, though it remains unfinalized…
🚗 Tesla’s FSD program marked its fourth anniversary, evolving from a basic driver-assist system to a near-autonomous service. 📈 FSD users have surpassed 2 billion miles, with significant usage attributed to Version 12. 🔄 The FSD system is now termed “Supervised,” indicating progress towards full autonomy. 🚀 Elon Musk announced Version 13 of FSD, promising…
🚗 Tesla has reached a significant milestone by producing its 7 millionth vehicle. 🏭 The milestone vehicle was produced at the Fremont Factory, highlighted on Tesla’s social media. 📈 CEO Elon Musk celebrated the achievement during Tesla’s record Q3 2024 earnings call. 🤖 Most Tesla vehicles are capable of autonomy, which positions them well for…
🚗 Tesla plans to upgrade HW3 cars to Hardware 4 for customers who purchased FSD. ⚙️ HW4 has significantly more capability than HW3, making it easier to support advanced systems like Unsupervised FSD. 🛡️ Elon Musk acknowledged there’s a chance HW3 might not reach the safety level needed for Unsupervised FSD. 🔄 Tesla promises a…
🚙 Tesla plans to produce 2 million Cybercabs annually by 2026. 📈 Ark Invest supports Tesla’s future in autonomous rideshare due to its manufacturing capabilities. 💡 The Cybercab will be a fully autonomous vehicle contributing to Tesla’s vision of an autonomous future. 🔍 The Cybercab is essentially Tesla’s anticipated $25,000 vehicle. 🤖 Tesla emphasizes its…
🚗 Tesla plans to produce more affordable models starting in the first half of 2025. 💡 New vehicles will incorporate both current and next-generation platform elements. 🔄 These vehicles will be manufactured on the existing production lines. 📉 Cost reductions might be less than expected, focusing on capex-efficient growth. 📈 Tesla aims for over 50%…
🚗 Tesla’s new $25K Cybercab will have no steering wheels or pedals, focusing on a fully autonomous future. 🤖 Elon Musk emphasizes that creating a traditional $25K car with manual controls would contradict Tesla’s core belief in autonomy. ⚙️ The Cybercab is a realization of Tesla’s vision for cost efficiency and reduced cost per mile…
🔋 Tesla Energy achieved a record gross margin of 30.5% for Q3 2024. 📈 Megapack production is increasing, with Lathrop Megafactory producing 200 units per week. 🌍 Tesla is globalizing its Powerwall business, expanding its VPP program, including a partnership in Japan. 🚀 Elon Musk envisions Tesla Energy surpassing its automotive segment in growth and…