The Truth About Tesla's Q3 Earnings Report (Ep. 738)

I give my take on Tesla's latest quarterly earnings - the positives and negatives, including Tesla AI, Tesla FSD, Optimus humanoid robot, next-generation vehicle, margins, 2024 guidance and more.
Read Tesla's Q3 2023 shareholder letter:
digitalassets.tesla.com/tesla...
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💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA and other stocks at time of original video publish date.
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Пікірлер: 477

  • @Campbell957
    @Campbell9578 ай бұрын

    The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

  • @Agatha207

    @Agatha207

    8 ай бұрын

    Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

  • @Hoffmanluiz.

    @Hoffmanluiz.

    8 ай бұрын

    Exactly! Which is why I appreciate giving a financial advisor the power of decision-making. Giving their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risks for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it’s practically impossible for them to underperform. I have made over $1million working with John Desmond Heppolette, for more than five years.

  • @linsey.

    @linsey.

    8 ай бұрын

    I curiously made a research of his full names after reading what you shared, I came across his web-page online. My portfolio suffered a big hit, holding it further won’t be any good. I’ve heard of people netting hundreds of thousands this red season I’m really glad to see this…

  • @Barbara0015

    @Barbara0015

    8 ай бұрын

    I've shuffled through a few financial advisor in the past, but settled with John Desmond Heppolette. The strategy he use is recession-proof, more specifically profit-oriented, and most likely, you'd find his basic info on the net, he's a renowned advisor.

  • @D9Wx

    @D9Wx

    8 ай бұрын

    "I heard"

  • @cannastartup2794
    @cannastartup27948 ай бұрын

    Hey Dave...thanks for breaking everything down for us, I hope your wife is doing fine.

  • @importon

    @importon

    8 ай бұрын

    Dave coming out of the woodwork to do damage control. "FSD is tesla's most important product" is a terrible investment strategy!

  • @sethaldrich6902

    @sethaldrich6902

    8 ай бұрын

    @@importon yeah I was like mixed earnings? That's optimistic, lol.

  • @DocOrtmeyer

    @DocOrtmeyer

    8 ай бұрын

    😔

  • @isaac139
    @isaac1398 ай бұрын

    Its so good to see you again Dave. Please if time will allows come talk to us. We love you.

  • @l0v3nul
    @l0v3nul8 ай бұрын

    The truth is that every "positive" was known and expected and every negative came unexpected and there were a few and significant.

  • @WebHead948
    @WebHead9488 ай бұрын

    Thanks, Dave! I hope you and your family are doing well!

  • @whowhy9023

    @whowhy9023

    8 ай бұрын

    Worst call of all time.

  • @lindag9998

    @lindag9998

    8 ай бұрын

    Yes, our thoughts and prayers have been with you throughout these past months ❤

  • @salavaosavea
    @salavaosavea8 ай бұрын

    Appreciate your insight and take Dave. Prayers to you and family.

  • @farzyness
    @farzyness8 ай бұрын

    Great to have you back Dave! Also - it's Lay-throp.

  • @davepiccolo8933
    @davepiccolo89338 ай бұрын

    Great to have your analysis and voice back. The best to your family.

  • @audibledarkness
    @audibledarkness8 ай бұрын

    Thanks Dave. Wishing you and yours the very best.

  • @fractalelf7760
    @fractalelf77608 ай бұрын

    Good to see you Dave, hope things are going better.

  • @uhrich11
    @uhrich118 ай бұрын

    1st time on this channel and I love your vibe....no frantic click-bait, just calm and reasonable. Thank you! I'll be back!

  • @rich21421
    @rich214218 ай бұрын

    Good to see you again Dave! Thanks for your insights.

  • @LionheartLivin
    @LionheartLivin8 ай бұрын

    Thank you Dave!!!;) Much health to your family!

  • @dr-k1667
    @dr-k16678 ай бұрын

    ALWAYS appreciate your take on things Dave. Thanks a lot!

  • @sgs1262
    @sgs12628 ай бұрын

    Thanks for the analysis without all the noise.

  • @bigh7972
    @bigh79728 ай бұрын

    Sound analysis of the earnings call…. Great to see and hear from you Dave!

  • @HK-mh3io
    @HK-mh3io8 ай бұрын

    Great content. Missed you. Prayers for you & the family.

  • @chickinatesla
    @chickinatesla8 ай бұрын

    Thanks for the breakdown and your thoughts, Dave! We've all missed you. I hope your family is doing well

  • @edferguson1388
    @edferguson13888 ай бұрын

    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.

  • @amyniemann9564

    @amyniemann9564

    8 ай бұрын

    Yes please

  • @importon

    @importon

    8 ай бұрын

    For real!

  • @craighermle7727

    @craighermle7727

    8 ай бұрын

    you might want to wait for that request until FSD is really FSD!

  • @zackscriven1

    @zackscriven1

    8 ай бұрын

    You paid how much? $2500?😊

  • @kongchen3122

    @kongchen3122

    8 ай бұрын

    For real

  • @philipmichaud9529
    @philipmichaud95298 ай бұрын

    Great report Dave, THANKS

  • @Bartender_Bill
    @Bartender_Bill8 ай бұрын

    Keeping you and your family in our prayers… always wonderful to hear your thoughts!

  • @tlee7653
    @tlee76538 ай бұрын

    Good to see you, Dave. Bless your family.

  • @NolanAntonucci
    @NolanAntonucci8 ай бұрын

    Thanks Dave, was traveling yesterday with my family so missed the earnings call, but appreciate the update/summary!! Been thinking about your wife and your family, continuing to send positive thoughts your way!!

  • @RobinHood-lz2wj
    @RobinHood-lz2wj8 ай бұрын

    Hope the family is doing well! As always, I really appreciate the analysis.

  • @tavv3485
    @tavv34858 ай бұрын

    Thanks Dave, informative summary... hope you and your family are well.

  • @melvinthedeathless.melvint6727

    @melvinthedeathless.melvint6727

    8 ай бұрын

    It's not a summary, it's pure hopium.

  • @bacontator6855
    @bacontator68558 ай бұрын

    Thanks for everything, Dave!

  • @Ryne_Realty
    @Ryne_Realty8 ай бұрын

    Love you Dave!

  • @TheWood1965
    @TheWood19658 ай бұрын

    I appreciate your analysis

  • @glenkellner9936
    @glenkellner99368 ай бұрын

    Thanks Dave

  • @helipilotpat
    @helipilotpat8 ай бұрын

    Thank for the great summary Dave!

  • @philborer877
    @philborer8778 ай бұрын

    Dave I very much appreciate concise synopsis. Thank you

  • @chatjibpt
    @chatjibpt8 ай бұрын

    Hey Dave, appreciate your video! 🎉

  • @NoWastedCalories
    @NoWastedCalories8 ай бұрын

    Thanks Dave, really appreciate your analysis.

  • @KeyOn_M6
    @KeyOn_M68 ай бұрын

    Thanks Dave, I listened to the call but listening to it again through your lens offers even deeper insight and important context. Thanks

  • @red-baitingswine8816
    @red-baitingswine88168 ай бұрын

    Thanks for the valuable, hard- to-find fundamentals/big picture!

  • @bobdyck8508
    @bobdyck85088 ай бұрын

    Great to hear you again. I trust what you present. This is the only presentation I am listening to re the earnings call.

  • @kanthirameswaram57
    @kanthirameswaram578 ай бұрын

    Thank you so much for doing what you do. I follow your videos on TSLA carefully, I find them invaluable.

  • @tonydebreceni8966
    @tonydebreceni89668 ай бұрын

    Thank you Dave.❤

  • @bobbresnahan8397
    @bobbresnahan83978 ай бұрын

    Good balanced. Helps understand the market reaction.

  • @patriceblakeway4421
    @patriceblakeway44218 ай бұрын

    Excellent summary.

  • @Charlie-kn7zg
    @Charlie-kn7zg8 ай бұрын

    Nailed it well done!!

  • @somyamalasri1509
    @somyamalasri15098 ай бұрын

    Thank you 🙏🏻

  • @planetmuskvlog3047
    @planetmuskvlog30478 ай бұрын

    Thanks Dave!

  • @charles6084
    @charles60848 ай бұрын

    Thanks Dave for helping us see and understand all sides (good and bad) of Tesla's Q3 earnings call. Best wishes to your entire family.

  • @LillyMiss2
    @LillyMiss28 ай бұрын

    Great and balanced summary, thks Dave !

  • @SmartMart1658
    @SmartMart16588 ай бұрын

    Great summary as always.

  • @ribe3434
    @ribe34348 ай бұрын

    Once again great analysis.

  • @musk-eteer9898
    @musk-eteer98988 ай бұрын

    thanks Dave, you'll lead and i'll follow

  • @ferdinand002
    @ferdinand0028 ай бұрын

    Much love to you and your family Dave.

  • @Max-fm2hm
    @Max-fm2hm8 ай бұрын

    Gteat summary, thanks, Dave❤

  • @philipmartin3075
    @philipmartin30758 ай бұрын

    Excellent analysis Dave!!!🧠

  • @davidpearce4838
    @davidpearce48388 ай бұрын

    Thanks Dave🙂

  • @MrAlanfalk73
    @MrAlanfalk738 ай бұрын

    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.😊

  • @LuKiSCraft

    @LuKiSCraft

    8 ай бұрын

    I think 1-1.5 years is pretty uncertain. I'm in it for at least 3-7 years

  • @MrAlanfalk73

    @MrAlanfalk73

    8 ай бұрын

    @@LuKiSCraft agree, I was rhinking about when all the signs were positive, batteries, cybertruck, mexico and the next gen model. I think in 7 years the stock will be 5-9 times todays price.

  • @LuKiSCraft

    @LuKiSCraft

    8 ай бұрын

    @@MrAlanfalk73 yeah and even if margins compress to single-digits, it is worse for legacy auto than for Tesla. There will be a faster Tesla & BYD takeover the longer it takes rates to cool... right now Tesla is just getting its hardware install base to build its ecosystem. Similar to Apple in 2010

  • @seanwu3238
    @seanwu32388 ай бұрын

    Macro environment conditions are challenging for high ticket items so if you are a Tesla shareholder you will have to weather this environment

  • @bjorkinho
    @bjorkinho8 ай бұрын

    You're the best Dave!

  • @randyratcliff4840
    @randyratcliff48408 ай бұрын

    Great job Dave! Praying for your wife brother.

  • @nutsforguts4513
    @nutsforguts45138 ай бұрын

    Well needed voice after this call …. Feel like we need some emotional support 😂😂

  • @erickessler6094
    @erickessler60948 ай бұрын

    Dave, Thx for a great breakdown & clarity to digest the Earnings Call! Cheers, Eric

  • @bonbooty6611
    @bonbooty66118 ай бұрын

    I needed FSD this weekend. Such a stressful time driving the 10 freeway east and west to the desert in LA.

  • @robleacock4949
    @robleacock49498 ай бұрын

    Thanks for the balance Dave and for not being either a fanboi or a Wall St dinosaur

  • @fredbanerji-parker3279
    @fredbanerji-parker32798 ай бұрын

    Hope everything is as good as it can be at the moment.

  • @LordBagdanoff
    @LordBagdanoff8 ай бұрын

    Best time to load up on Tesla now !!

  • @timtessman3107
    @timtessman31078 ай бұрын

    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.

  • @Mpr47276
    @Mpr472768 ай бұрын

    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.

  • @zandercerlong7238

    @zandercerlong7238

    8 ай бұрын

    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

  • @sethaldrich6902

    @sethaldrich6902

    8 ай бұрын

    It won't be a thing for at least another 30 years.

  • @philipandregjone8873

    @philipandregjone8873

    8 ай бұрын

    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

  • @zandercerlong7238

    @zandercerlong7238

    8 ай бұрын

    @@sethaldrich6902 lmao 30 years. I guess you don’t understand how fast artificial intelligence is progressing

  • @Martinit0

    @Martinit0

    8 ай бұрын

    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.

  • @ragabkamel_
    @ragabkamel_8 ай бұрын

    It is important for beginners in trading and investing to understand that success in these fields requires more than just technical analysis. Emotional maturity and self-discipline are equally important, as they enable traders to make rational decisions even during periods of market volatility. This means that consistently investing over a long period of time is generally more effective than trying to time the market by buying and selling based on short-term market fluctuations. Learning is crucial for success in trading and investing. Keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions. I'm glad to hear that Eric Thomas Witt insights and strategies have been helpful to most of us. Remember, success in trading and investing takes time and effort, but with dedication and discipline, it’s achievable.

  • @Danielucas17

    @Danielucas17

    8 ай бұрын

    My advisor "Eric Thomas Witt" is highly qualified and experienced in the financial market. He has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching his credentials further. He has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @GlenD.Vanherck-oc1

    @GlenD.Vanherck-oc1

    8 ай бұрын

    My portfolio comprises of three major markets, and Eric Thomas Witt is the investment advisor that guides me, he's well renowned, most likely the internet is where to find out about him.

  • @thewilliams-

    @thewilliams-

    8 ай бұрын

    He appears to be well-educated and well-read. I ran a Google search on his name and came across his website; thank you for sharing.

  • @aaronb8698
    @aaronb86988 ай бұрын

    Would like to see more side by side chart and fact compitition comperasants. Pricing, production, problomes, and PR in currant market would add more value.

  • @bikocyko
    @bikocyko8 ай бұрын

    The first Q3 summary out there. Thanks!

  • @simonpannett8810
    @simonpannett88108 ай бұрын

    Priced into the P/E ratio is the 50% annual growth which starts to get difficult in 2025 without the Model 2??

  • @prabhakarpatel1724
    @prabhakarpatel17248 ай бұрын

    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.

  • @sethaldrich6902

    @sethaldrich6902

    8 ай бұрын

    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.

  • @dksculpture

    @dksculpture

    8 ай бұрын

    It’s certainly a possibility.

  • @LuKiSCraft

    @LuKiSCraft

    8 ай бұрын

    @@sethaldrich6902 Buying & selling based on technical analysis is not investing. That's trading. If that's what you do, that's fine. But I'm just holding the stock until literally 2030+ lol. It's a different thing to invest vs. trade.

  • @Mpr47276
    @Mpr472768 ай бұрын

    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.

  • @nathanzhu5562

    @nathanzhu5562

    8 ай бұрын

    h100 has been blocked from China for a year now and the waiting line of that chip is still 52 weeks away😂

  • @fkarg10

    @fkarg10

    8 ай бұрын

    ​@@nathanzhu5562China is getting the H800 instead, a slightly worse H100. Not that it differs much, though.

  • @dougmanck4149
    @dougmanck41498 ай бұрын

    Tesla is behind the curve on the next generation vehicle. They're falling behind the competition in $30k market

  • @fireskybalin5107
    @fireskybalin51078 ай бұрын

    I am buying a Tesla As soon as I can get one for 25 grand. So will millions of others, I have no doubt.

  • @MrKuntly
    @MrKuntly8 ай бұрын

    Thank you for your inthights about Tethla, ethpethially the info about their new AI thervers. Thuffering Thuccotath, it wath thuper!

  • @tapiocachubs-ux8kv
    @tapiocachubs-ux8kv8 ай бұрын

    It's crazy no matter how bad things get, Tesla is still winning and #1. That's why I invest in this crazy stock.

  • @b3arwithm3
    @b3arwithm38 ай бұрын

    Is the price on cars expected to drop to generate more sales?

  • @xilow2.094
    @xilow2.0948 ай бұрын

    Part of a very important coin been talked about in the BCL

  • @shingnosis
    @shingnosis8 ай бұрын

    The bond market is sending a very strong message that we're heading into a recession and that the economy will continue to slow. Also Ukraine war and uncertainly in the middle east not great of course, Elon is right that this isn't the time to step on the gas. Don't expect upcoming quarters to be as rosy and don't expect huge growth, only good thing is I think legacy automakers will be hurting 10x more than Tesla. So Tesla might still continue to grow market share overall.

  • @kradwonders
    @kradwonders8 ай бұрын

    Tesla van! I have heard some suggest that once FSD is in place and widely used, some states may make human driven cars illegal. Now that could be interesting!

  • @ntheq3982
    @ntheq39828 ай бұрын

    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.

  • @MegaWilderness

    @MegaWilderness

    7 ай бұрын

    Regulatory and political issues are the least of Tesla's problems. FSD doesn't work

  • @tonysimi1776
    @tonysimi17768 ай бұрын

    Thanks Dave I hope your wife is doing well.

  • @toddsmith4280
    @toddsmith42808 ай бұрын

    Gloomy

  • @stevenvanheyningen6403
    @stevenvanheyningen64038 ай бұрын

    Agree !!!

  • @billsrelectric
    @billsrelectric8 ай бұрын

    I think Elon conveyed the development of the “Model 2” is not coming as fast as fans hoped. He didn’t lay out any timeline. Things appear to have slowed down. Years not months.

  • @davesheffield3620
    @davesheffield36208 ай бұрын

    Let’s all remember how FSD was even a year ago , the progress it is making is astounding.

  • @craighermle7727

    @craighermle7727

    8 ай бұрын

    Let's all remember what Musk was saying in 2020 regarding FSD, Model 3 , and robotesla. FSD and roboteslas were going to be on the road in 2020. Not buying a Tesla was stupid, because you'd be earning money when you weren't using it. Please do remember that as well.

  • @TheSpartan3669

    @TheSpartan3669

    8 ай бұрын

    What's your metric for "progress" and isn't it still struggling with Chuck's turn even after Tesla specifically sent engineers there?

  • @davesheffield3620

    @davesheffield3620

    8 ай бұрын

    @@craighermle7727 I hear what you’re saying but you have to also remember the last 3 years have been totally abnormal due to Covid , my comment on how far fsd has come in the last year still stands, I didn’t say it has been solved but it’s moving rapidly imo.

  • @craighermle7727

    @craighermle7727

    8 ай бұрын

    I'm not saying that Tesla hasn't made significant progress. I've driven Teslas for several hundred miles with some version of autopilot/FSD. It's a remarkable driver assist software, but it's not FSD. yet Taking covid or any progress-limiting issues out of the equation, the fact remains that Tesla/Musk grossly underestimated the complexity of FSD..I honestly believe they didn't know what they didn't know,. or Tesla wouldn't have spent billions on computer farms etc. All of that is understandable but put that hardware. software/AI need complexity into what Musk was selling and hyping and it seems pretty obvious, imo, that there was no way FSD could have been released when Musk said it was going to. FSD was going to be out of Beta this year as well; We'll see. I'm still not sure what FSD means at this point, it's still Level 2, which I think means it really isn't FSD, correct?

  • @davesheffield3620

    @davesheffield3620

    8 ай бұрын

    @@craighermle7727 I think fsd will get there eventually 🤔 let’s face it Elon is rarely on time with any project , I think the 4680 battery production and ramp up has been slow too , I don’t believe fsd will be soon but I believe it will happen 👍

  • @davidkoba
    @davidkoba8 ай бұрын

    I mean this is what I have been saying this whole time. Margins will shrink as competition ramps up.

  • @joasn1
    @joasn18 ай бұрын

    welcome your video

  • @pnketia
    @pnketia8 ай бұрын

    Thanks Dave! Personally I think if you are a long-term investor in Tesla this earnings report is just a "blip" in the bigger scheme of things!

  • @red-baitingswine8816

    @red-baitingswine8816

    8 ай бұрын

    Yes but big blip. China has cheaper, comparable EV's and will move forward in FSD.

  • @pnketia

    @pnketia

    8 ай бұрын

    @@red-baitingswine8816 We'll see if other countries start charging a higher tariff on cheap Chinese imports that will change the dynamics!

  • @red-baitingswine8816

    @red-baitingswine8816

    8 ай бұрын

    @@pnketia Agree. (so much for "free trade"! 😂)

  • @red-baitingswine8816

    @red-baitingswine8816

    8 ай бұрын

    @@pnketia Europe/Germany might not do that, if they export their jobs to China rather than to the US.

  • @LuKiSCraft

    @LuKiSCraft

    8 ай бұрын

    Agreed. If it drops back to $150 or lower I will just buy more lol. Bulls just need to hang on until rates cool. Who knows when that will happen, but when it does, TSLA ain't gonna trade sideways anymore

  • @russwright
    @russwright8 ай бұрын

    Pierre Ferragu had a great question- are you looking into tiered pricing for a limited FSD. The idea would be to sell a "less than robotaxi" feature set. The question was pretty much side stepped by saying how huge FSD will be when we have robo taxies. Why is enhanced auto pilot still $6000? How about drop that to $1500 and get some sales?

  • @roberts932
    @roberts9328 ай бұрын

    Cars have transformed into advanced technology platforms, and in this realm, Tesla leads the charge. Housing cutting-edge innovations, they're not just producing electric vehicles but are reshaping the future of transportation. With breakthroughs in autonomous driving and battery efficiency, Tesla continues to redefine what's possible in the automotive world.

  • @ASTATOSTASOS
    @ASTATOSTASOS8 ай бұрын

    Hope they place more Super Chargers in Greece as this will drive demand

  • @syproful
    @syproful8 ай бұрын

    There remain to be sensory problems. For example FSD is impossible to function in the dark. If you own a Tesla you know this. Also rain is a massive issue. For this reason I believe that aslong there is no radar or lidar to assist, this is just all and only to train the model. I dare not to use my autopilot in low light situations.

  • @MrJazzyify
    @MrJazzyify8 ай бұрын

    Tesla van = game changer.

  • @agatra5804
    @agatra58048 ай бұрын

    Hes so happy about the Recession coming in, like hes super excited to be witnessing it.

  • @jamesoitzinger6640
    @jamesoitzinger66408 ай бұрын

    '24 will be the year of the 4680 batteries. Go back and listen to Drew Bagolina's (SP) comments. 20 million cells off 1 assembly line with three more being started currently and the building at GTexas for another 4 lines under construction, to be completed and ramping by late '24. And then there are the lines at Nevada and Fremont to be considered. Pay attention.

  • @aaronliu4924
    @aaronliu49248 ай бұрын

    Hey Dave and all, could we have one thought, how long or steps human took for auto airplane mode in Boeing or Airbus at industrial mature? Vehicle industry is even 10 to 100 time complex environment than aviation industries. If you ask me or people, could it solve by general AI? Yes, eventually. The option for time to bring to industrail mature or general available maybe next generation but not now. I'm a huge Tesla fan and machine learning area workers, but i have to be realistic.

  • @user-hq8lb1yv9k
    @user-hq8lb1yv9k8 ай бұрын

    Investing in ai is very reasonable and could besides the use for FSD / Optimus be use as a service and generate huge revenue.

  • @10sqrftthisthat
    @10sqrftthisthat8 ай бұрын

    Thanks for making it short 😂🎉❤

  • @XennialGuy
    @XennialGuy8 ай бұрын

    Still waiting on the Roadster vaporware. Ridiculous how long this thing is taking to get out.

  • @thosoz3431
    @thosoz34318 ай бұрын

    Nice one Dave. I believe FSD is the sleeper that will knock it out of the park. When fully formed the competition will have to respond. They will have no choice but to license the only viable system. Imagine the rivers of gold when Tesla is the ONLY autonomous driving system used by every manufacturer because there is simply no competition.

  • @fractalelf7760

    @fractalelf7760

    8 ай бұрын

    They will lead the way but over time the real value will come in application with Optimus. FSD will be a gold mine for a number of years but will come down over time, but by then it won’t matter.

  • @jordanslingluff287

    @jordanslingluff287

    8 ай бұрын

    There are two companies already offering self driving taxis in various US cities.

  • @thosoz3431

    @thosoz3431

    8 ай бұрын

    @@jordanslingluff287 yes, I'v read a little about it. Less than impressive. Anything that is bound by a fixed area is not FSD.

  • @sethaldrich6902

    @sethaldrich6902

    8 ай бұрын

    where's that Johnny Depp "keep tellin yourself that darlin" meme? Self driving aint gonna be a thing for at least 30 years.

  • @thosoz3431

    @thosoz3431

    8 ай бұрын

    @@sethaldrich6902 that's a very strange thing to say considering the hundreds of millions of miles driven since when ? 3 years ago ?

  • @kenneth3132
    @kenneth31328 ай бұрын

    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