I give my handle Tesla's most current quarterly revenues – the positives and negatives, consisting of Tesla AI, Tesla FSD, Optimus humanoid robot, next-generation vehicle, margins, 2024 guidance and more.
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Thank you so much for doing what you do. I follow your videos on TSLA carefully, I find them invaluable.
Thanks, Dave! I hope you and your family are doing well!
Worst call of all time.
Yes, our thoughts and prayers have been with you throughout these past months ❤
Good to see you Dave, hope things are going better.
ALWAYS appreciate your take on things Dave. Thanks a lot!
Hey Dave…thanks for breaking everything down for us, I hope your wife is doing fine.
Dave coming out of the woodwork to do damage control. “FSD is tesla’s most important product” is a terrible investment strategy!
@importon yeah I was like mixed earnings? That’s optimistic, lol.
😔
Want more sales? Allow us customers who purchased FSD 4 years ago (and got little usage to show for it) to transfer to next vehicle.
Yes please
For real!
you might want to wait for that request until FSD is really FSD!
You paid how much? $2500?😊
For real
Recent US restrictions on NVDA chip exports to China should be good for Tesla since Elon a while back said he’ll buy ALL the chips NVDA can produce for him.
h100 has been blocked from China for a year now and the waiting line of that chip is still 52 weeks away😂
@Nathan ZhuChina is getting the H800 instead, a slightly worse H100. Not that it differs much, though.
As much as I’m hopeful for FSD to come to fruition, I can’t help but observe Elon’s comment regarding logarithmic plateaus with respect to FSD progression. I was left with a distinct impression that even with end-to-end NN they are still experiencing logarithmic peaks that they still have to progress through.
I think his initial impressions and exuberance with e2e NNs has been tempered some by the drag that progress still entails.
Good i want tesla stop to stay low i want to keep buying if they have level 5 tomorrow forget about it the stock would go to the moon and the insane buying opportunity would be over. I actually hope it takes another 5 years before FSD is complete so long as tesla is first to the party
It won’t be a thing for at least another 30 years.
I think you need to see this in context of Elons mind, as he really thought FSD would be solved this year, and now he has relized its not that easy. Wished we could hear from the FSD developers themself
What I criticize with Elon’s handling of FSD progress is him always talking about anecdotal evidence (I drives me around in Austin all the time) instead of looking and presenting numbers, specifically number of miles driven between (critical) interventions. This is a metric that is widely used in the autonomous driving space but Tesla never discusses it. It should be easy to show progress by plotting that number vs time. Moreover it would give us all an idea how far they still are from level 4 or 5.
Its so good to see you again Dave. Please if time will allows come talk to us. We love you.
Hope the family is doing well! As always, I really appreciate the analysis.
If the stock goes below $150, I’m poised to swoop in and buy. Like I did last January for $106/sh. 2025-26 will be the next Tesla stock explosion. Every 6-7 years: 2013, 2020, 2026-27? Tesla Energy appears poised to take up the slack of low auto margins in the meantime. Right on time….
Exactly, Elon will help it get to 150 if he keeps coming over like a wet blanket on Earnings calls.
Thanks Dave, informative summary… hope you and your family are well.
Appreciate your insight and take Dave. Prayers to you and family.
Good to see you again Dave! Thanks for your insights.
Hey Dave,
Excellent summary.
In spite of developing the model Tau, $25,000 vehicle, in Austin… will Tesla wait for GigaMex to be production ready ?
Maybe rou want to maximize output after Release.
Declining margins and further price cuts on top of that might lead to even worse earnings next quarter. Current PE is very high considering the earnings declines. Most of the stock price is due to FSD and AI. We might see 100 dollar TSLA in coming months.
yeah it has a gap to fill at 145 and a double bottom at 100, I don’t know why people keep wanting to ignore this, I keep telling them but tesla bulls are a different breed of degenerate gamblers.
It’s certainly a possibility.
The roadblocks to driverless vehicles on the regulatory and political front is being way underestimated. There are so many power spheres domestically and abroad that will challenge every inch of the “road”.
The delays will be years most likely and for reasons that will surprise even the experts.
What I loved about earnings were; energy growt and margins, explosion in AI compute, 40% improvements in 4680, cost reductions and cybertruck event . I am very bullish looking out 1-1,5 years.😊
Very helpful commentary, I just found it a little too mild to be saying earnings were mixed, I feel its more disaster for Tesla given its current valuation above 60 PE, when investors expect high growths but are getting a flattening out slope for earnings, it doesn’t sound like it deserves such a valuation and transiting more to a mature company structure with slowed growth and a focus more on bottom line than top line. That looks even worse when China has cut Tesla out of the picture with its own BYD fleet. I hope I am wrong as I am also invested but may look to take profit in the near term
THIS used to be one of my most watched YT channels… sadly, it’s been a while since i visited it has been a very rough year… i am experiencing one of the toughest phases of my life… Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
It’s the market if you don’t leave during the bear, you will be fine. You should have opted for a suitable Ai platform or traded with Gary Joe Wilde, or any other regulated advisor. As a beginner investor myself, I have made over 45K profit in a few months of coping Gary’s investing positions.
Hi Mike. Any ideas how to reach Gary Joe Wilde? I love the testimonies I have seen about him he seems not to own a video channel here.
@ kentucky, run a quick web search about him he’s sec regulated they aren’t permitted to own or operate investing video channel.
Stay strong. Unfortunately the climate of investing has been very difficult.