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Tesla's Underwhelming Earnings Are No Surprise

January 28, 2024 / 00:44

This episode discusses Tesla's latest earnings report, sales growth predictions for 2024, and insights on SpaceX. Key points include Tesla's revenue of $25 billion, which is a 3% increase from the previous year but below expectations. Hosts Cara and Scott express surprise at the revenue growth and discuss the challenges Tesla faces in selling new cars.

They highlight the sentiment among Tesla owners who are interested in trying new electric vehicles but face difficulties in selling their current cars. The conversation also touches on the potential of SpaceX as a promising venture for Elon Musk.

TL;DR

Tesla's earnings show 3% growth, but 2024 sales may decline.

Video

00:00:00
Tesla is also reporting its latest
00:00:01
earnings and warning that sales growth
00:00:02
may be notably lower in 2024 you're
00:00:04
kidding guess who said that was going to
00:00:06
happen Cara and Scott Revenue came in at
00:00:09
25 billion up 3% from a year ago but
00:00:11
lower than expected I'm surprised they
00:00:13
got 3% accordingly that actually that's
00:00:15
good for them like literally this guy
00:00:17
shoots himself in I don't think he any
00:00:19
feet left to shoot himself in I think he
00:00:21
is thinking SpaceX is the next raft for
00:00:23
him oh and it might be by the way SpaceX
00:00:25
is a terrific company and Innovative in
00:00:28
many as we both said we like SpaceX
00:00:30
space Caren we like space Caren but yeah
00:00:32
it's it's interesting I've talked to so
00:00:34
many Tesla owners who are like G even
00:00:38
they want to try the new cars cuz they
00:00:39
like electric cars right they can't sell
00:00:42
them

Episode Highlights

  • Tesla's Earnings Report
    Tesla reports $25 billion in revenue, up 3% from last year but lower than expected.
    “I'm surprised they got 3%.”
    @ 00m 11s
    January 28, 2024
  • SpaceX's Future
    Discussion on SpaceX as a potential lifeline for Tesla's CEO.
    “SpaceX is a terrific company and innovative.”
    @ 00m 25s
    January 28, 2024

Episode Quotes

Key Moments

  • Revenue Growth00:06
  • SpaceX Discussion00:21
  • Tesla Owners' Sentiment00:34

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