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As always, $TSLA's earnings call was quite the experience and filled with wild quotes.
Here are all the highlights in a single thread 🧵
1. @elonmusk's now worried about the high interest rates, saying people soon can't afford Teslas:
Here are all the highlights in a single thread 🧵
1. @elonmusk's now worried about the high interest rates, saying people soon can't afford Teslas:
"well, you could chop your arm off, but then you're sitting here with one arm, you're still fat"
2. An.. let's say, unusual analogy from @elonmusk on how you should not cut costs:
2. An.. let's say, unusual analogy from @elonmusk on how you should not cut costs:
3. Elon argues cutting car manufacturing costs is like "Game of Thrones but pennies":
4. "You can't grow at 50% CAGR forever", acknowledges Elon:
5. It looks like the talk about "Tesla is not advertising" is over now?
6. "We dug our own grave with Cybertruck":
7. @elonmusk tempers the Cybertruck expectations:
8. Although, he still views it as potentially $TSLA's best product ever:
9. @elonmusk thinks FSD and AI has the potential to make $TSLA the most valuable company in the world "by far":
10. Elon on the economics of FSD:
11. Elon says FSD pricing will, over time, increase proportionate to its value:
"In the US, you can deploy things at risk"
12. On why $TSLA's FSD is not available globally:
12. On why $TSLA's FSD is not available globally:
"We do not create some variance of the Terminator outcome"
13. Elon on the future of robots:
13. Elon on the future of robots:
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