Tesla investors will be eager to ask ELON MUSK’s chief executive when the electric vehicle manufacturer disclose the results on Tuesday: When is the affordable vehicle and the rrobot taxi plan inside the schedule?
Wall Street deposited his hopes in a cheaper car – promised until the end of the first half of this year – to revitalize Tesla’s fall sales, which were hit by competition and retaliation to Musk’s far right policy.
A Reuters He informed exclusively on Friday (18) that plans for an affordable Tesla include a reduced version of its best-selling US SUV Model Y manufactured, but its production was postponed for months.
“Low-cost Tesla may be the only thing that can change the company’s momentum. If it turns out to be just a basic version of Model Y, we think the streets can be disappointed. Elon really needs to meet the deadline and hit the vehicle itself,” said Will, Graniteshares President, Global ETF broadcaster.
Tesla really needs a victory. As sales fell, the same happened with margins – Wall Street estimates that the company’s automotive gross margin probably reached its lowest level in the first quarter. Analysts expect this to persist, as Tesla continues to offer incentives to increase sales.
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The company said the use of an existing vehicle and production line platform to develop a cheaper car will reduce its capital costs, but offered few details besides.
Faced with the slowdown of demand for its aged product line and high sales of Chinese electric vehicles in China and Europe, Musk turned to the rolls and artificial intelligence last year. He promised to the public hitchhiking without a driver in Texas until June, and later this year in California.
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In addition to the fact that Musk promised and failed to deliver self -employed Teslas for almost a decade, there are serious concerns about the safety and litigation risks that could come from the implementation of unparalleled driver technology on public roads.
Tesla has been seeking the regulatory approvals necessary to launch the promised taxi-robot service.
Cybercab
But the production of the long-awaited cybercab-a taxi-robot concept that is fundamental to this idea-can be interrupted, said the Reutersbecause Tesla suspended imports from China’s components after US President Donald Trump’s rates raised to 145%.
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Together with these challenges, there are doubts from investors about how long Musk is dedicating to the management of the company due to his involvement in Trump management, where he led the efforts to cut federal jobs.
His actions enraged people, leading to protests and vandalism in Tesla’s showrooms, which was reflected in a drop in brand value and an increase in exchanges.
Sales fell dramatically, especially in California, Tesla’s largest market in the US. The company’s shares have fallen 40% so far this year, eliminating more than $ 500 billion of its market value.
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“If Musk can (…) start reorienting his efforts to restore the Tesla brand, I believe this damage to the brand could be minimized,” said Dennis Dick, chief strategist at Stock Trader Network, which holds a position bought in action.
“It is important that musk limit your political comments going forward and start focusing on FSD,-taxi and optimus,” he said, referring to Tesla’s autonomous direction and robots efforts.
Despite a sharp drop in first -quarter deliveries, LSEG analyst estimates point to Tesla’s revenue for the $ 21.35 billion period, stable over the previous year. This is due to an increase in sales of automotive regulatory credits and systems that generate solar energy and store energy.
Tesla is expected to present an automotive gross margin of 11.83%, excluding regulatory credits, according to 21 analysts consulted by Visible Alpha. This represents a drop in relation to the 13.6% registered in the fourth quarter.
