FYI: Tesla has scheduled its Q3 2024 earnings call for October 23, 2024, after market close, where key updates on vehicle production, deliveries, and projects will be discussed.
Tesla Sets Date for Q3 2024 Earnings Call
Tesla Inc. (NASDAQ:TSLA) has officially set the date for its third quarter earnings call, which will take place after market close on Wednesday, October 23, 2024. This announcement was made in conjunction with the release of their Q3 2024 vehicle delivery and production report.
Key Production and Delivery Figures
In the third quarter of 2024, Tesla achieved the following production milestones:
- Total vehicles produced: 469,796 units
- Model 3 and Model Y: 443,668 units
- Model S, Model X, Cybertruck, and Semi: 26,128 units
Regarding deliveries, Tesla successfully delivered a total of 462,890 vehicles:
- Model 3 and Model Y: 439,975 units
- Model S, Model X, Cybertruck, and Semi: 22,915 units
Market Reaction and Analyst Insights
Tesla’s stock experienced a dip following the Q3 2024 delivery and production report. Dan Ives, a prominent analyst from Wedbush, commented that while Tesla’s delivery numbers met Wall Street expectations, they fell short of the so-called whisper numbers. Despite this, Ives acknowledged that the 462,890 deliveries represent a positive stride for the company.
Upcoming Earnings Call Details
Tesla plans to release its Q3 2024 financial results on the same day as the earnings call. Shareholders and interested parties can access the Q3 2024 Update Letter via Tesla’s Investor Relations website, where detailed insights into the company’s quarterly performance will be provided. The earnings call, conducted by Tesla’s management team, is scheduled to begin at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). CEO Elon Musk and other top executives are expected to present detailed financial and business results, alongside the company’s future outlook.
Anticipated Discussion Topics
During the event, Tesla is expected to provide updates on several key projects, including:
- Optimus
- Tesla Semi
- Robotaxi
Additionally, executives are anticipated to address a range of questions submitted by Tesla investors via the Say platform.
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William Kouch, Editor of Automotive.fyi
