Five things to watch and listen for when Tesla reports earnings

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Expect Elon Musk to deliver updates on the Berlin and Austin factories, Autopilot, Cybertruck and more.

Tesla reports fourth-quarter earnings on Wednesday after the market close. It should be a big deal.

Elon Musk, who skipped the call in October, has said he’ll be back to give an update on the company’s product roadmap. Guidance on deliveries for the year ahead will be top of mind.Musk made an at-the-time-outlandish pitch to investors in May 2019 that autonomy would be “transformative” and a fundamental driver of Tesla becoming a half-trillion-dollar company. The latter prediction seems quaint, with Tesla having exceeded Musk’s envisioned market capitalisation.

But customers are still waiting for the year of the robotaxi that Musk over-optimistically said they were in store for in 2020. Whatever the CEO says about plans to make full self-driving beta features available to more owners who paid thousands of dollars for them could have important implications for revenue and margins this year.Tesla is about to open two new factories in Austin, Texas, and near Berlin. Austin appears to be slightly ahead of Berlin-Brandenburg.

in November, Bitcoin has tumbled more than 50%. Tesla disclosed in February 2021 it had invested $1.5 billion in Bitcoin, then revealed in April that it had sold 10% of its holdings. What does Tesla disclose this quarter about its “digital assets?”Musk unveiled the Cybertruck more than two years ago, in November 2019. Americans love pickups, and the pressure is on: Rivian is out with its R1T, and the electric Ford F-150 just got a big write-up in the New Yorker. I’d expect the Cybertruck to be the main focus of product announcements.

 

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