Some highlights of $TSLA Teslas Q3 earnings call 🔶- Half a billion miles with FSD beta.
- AI has the potential to make Tesla the most valuable company in the world.
- Energy can become the highest margin business for Tesla.
- Enormous challenges in making Cybertruck cash flow positive.
- Cybetruck is Teslas best product ever.
- It will take 1 year to 18 months before Cybertruck is a significant positive cash flow contributor to the company.
- Demand for Cybertruck is off the charts - over a MILLION people that have reserved the car - but Tesla has to make the car at a price people can afford.
- Tesla has the BEST real world AI team in the world, and it's only getting better.
- Tesla will end up with roughly a quarter million Cybertruck deliveries a year. Probably will not reach that number in 2024, but more likely to reach that target in 2025.
- Musk is worried about the high interest rate environment - as interest rates rise, the proportion that is the monthly payment that is interest increases drastically - and it makes it that much harder for people to buy the car.
- Tesla will grow rapidly - much faster than any other car company on earth by far.
- Boston dynamics is impressive, but their robot lacks a brain.
- At some point, the robots will manufacture the robots.
$Tesla (TSLA.US)$