Tesla Opens Q&A for Upcoming Q2 2024 Earnings Call
Tesla has initiated the submission process for shareholder questions ahead of its Q2 2024 earnings call. The questions for the earnings call are being collected via the Say Technologies platform, where shareholders can propose their queries and endorse those of their peers through votes. This interactive approach helps ensure the most pressing questions make it to the call.
Highlighted Shareholder Questions
Within mere hours of the platform opening on Tuesday, several noteworthy questions have emerged. Shareholders have shown a particular interest in the Robotaxi platform and its recent delays, developments in Tesla Energy, and progress at Giga Mexico. These topics are among the most popular, reflecting the immediate concerns and interests of Tesla’s investor community.
Currently, the highest-rated question pertains to the timing of the Robotaxi unveil event, garnering about 1,900 votes from shareholders representing roughly 591,400 Tesla shares. This considerable interest underscores the importance of the Robotaxi platform to Tesla’s stakeholders.
Earnings Call Details
Tesla is scheduled to hold its Q2 2024 earnings call next Tuesday, July 23, 2024, at 3:30 p.m. MT. Shareholders have until 2:00 p.m. on the day of the earnings call to submit or vote on questions.
Robotaxi Event Update
Originally set for an August 8 unveiling, the Robotaxi event has experienced a delay. A recent Bloomberg report and subsequent confirmation from Elon Musk on Monday revealed the event has been pushed, with plans now potentially aiming for October. Musk cited the need for a significant design change to the front of the vehicle, as well as additional features that Tesla wants to showcase.
Q2 2024 Performance Highlights
Earlier in the month, Tesla reported impressive production and delivery figures. The company produced 410,831 vehicles and delivered 443,956 units in Q2. The bulk of these deliveries were the Model Y and Model 3. Though deliveries were slightly down compared to last year, they exceeded the consensus forecast of 438,019 units.
Tesla’s energy division also marked a milestone with a record 9.4GWh of battery storage deployments in the second quarter, the highest for the company in a single quarter to date. Investors can anticipate more detailed discussions on Tesla Energy, the Optimus project, Giga Nevada’s Semi production facility, and advancements in Supervised Full Self-Driving (FSD) during the earnings call.
Conclusion
The investor interest in Tesla’s upcoming earnings call is palpable, given the surge in question submissions and votes right after the platform opened. With crucial updates expected on the Robotaxi platform, vehicle production, and energy projects, next week’s call promises to be informative.
For all the latest updates and insights, visit Automotive.fyi. For news tips or inquiries, email us at tips@automotive.fyi, or connect with us on X @automotivefyi.
William Kouch, Editor of Electric Vehicles, Automotive.fyi
