EV giant Tesla Inc TSLA has started taking questions for its fourth-quarter earnings call and shareholders have the most number of questions on the Cybertruck.
What Happened: The most voted question as of Wednesday, however, is on the next-generation compact vehicle.
“Given that you moved the start of the next-generation compact vehicle production to Austin, has the timeline improved so that we might see next-generation platform vehicles in 2025?” a retail investor asked.
Other questions pertain to the existing number of Cybertruck orders and when the company sees itself fulfilling existing orders. Several questions also pertain to expected timelines for several of Tesla’s promises including the deployment of Optimus in Tesla factories, ramping up 4680 cells, mass production of the Tesla Semi, and the rollout of the allegedly autonomous full self-driving (FSD) version 12 to the public.
A shareholder also voiced concerns about CEO Elon Musk‘s recent request for 25% voting rights at the company. Musk on Monday said that in the case he is not granted these voting rights, he would rather build his AI products outside of Tesla.
“Should retail shareholders be concerned that Elon has stated he is uncomfortable expanding AI and robotics at Tesla if he doesn't have 25% of voting ?” the shareholder asked.
See Also: Best Electric Vehicle Stocks
Why It Matters: Tesla will post the results for its fourth quarter after market close on January 24. Select shareholder questions will be answered then at the company’s earnings call.
Tesla reported deliveries exceeding its target of 1.8 million as of the end of 2023 with the company’s cheaper Model 3 and Y vehicles dominating sales. In the fourth quarter alone, the company delivered 484,507 vehicles, including several units of its stainless steel Cybertruck.
Tesla commenced deliveries of the Cybertruck on Nov. 30 after four years of unveiling it. During the company’s last earnings call in October, Musk said that over a million people have reserved the vehicle but the company sees delivering 250,000 vehicles in a year only by sometime in 2025 owing to production scaling challenges.
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