ENDED: Tesla Q4 and Full Year '23 Earnings, Slides, References & Webcast link. (w/CT highlights)

[HaulingAss]

My skin just boiled... literally has had my cash for 4 years,

Wow! You had $100 deposit for 4 years? Why don't you ask for it back?

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[PerfectFlaw]

"But but but Tesla is not just a car company, it's a tech company!"

Yet the news that moves the stock price is the production and delivery of cars sold, and the profitability of said cars. That's what matters. It's a car company that has slowing growth and numbers that are retracting faster than Elon's hairline in his 20's.

At the end of the day, everything "tech" that Tesla does literally has no effect on the bottom line.

 

[cvalue13]

How can they be "almost sold out for the year" if I could order right now and get it within 100 days? Something doesn't line up.

because there’s a good chance people aren’t understanding corporate soeak

the comment made is completely consistent with a scenario where in eg March they open configuration of non-FS, and within a month have taken eg 20K more orders - at which point they’re sold out for 2024 production of eg 35-40K total trucks

“at this rate we’ll be sold out soon” is very possibly corporate speak for “things are going so awesome, guys, just don’t ask what ‘soon’ means”

 

[Broski]

Non FS is probably another 12-15 months away. Elon said many times they need 15-18 months to ramp up and CT won't be material to Tesla. This means for 18 months, they'll sale so little it won't even make a dent on their bottom line. It'll be bundled in as "others" with S and X.

Translation: this is a 15 to 18 month DELAY to the product it’s already been delayed for years

$20,000 pricing increase plus $20,000 foundation series plus $16,000 battery pack hump = $56k price increase… Understandably many here are pissed off

 

[Gurule92]

Wow! You had $100 deposit for 4 years? Why don't you ask for it back?

You know that's not the point

 

[Gurule92]

because there’s a good chance people aren’t understanding corporate soeak

the comment made is completely consistent with a scenario where in eg March they open configuration of non-FS, and within a month have taken eg 20K more orders - at which point they’re sold out for 2024 production of eg 35-40K total trucks

“at this rate we’ll be sold out soon” is very possibly corporate speak for “things are going so awesome, guys, just don’t ask what ‘soon’ means”

Man I hope March is the time. I can't not be a doomsayer at this point tho lol

 

[CybertruckRN1127]

Translation: this is a 15 to 18 month DELAY to the product it’s already been delayed for years

$20,000 pricing increase plus $20,000 foundation series plus $16,000 battery pack hump = $56k price increase… Understandably many here are pissed off

$20k over 2019 estimate was kind of expected. They were not going to hit that price since 2021/2022 inflation. I'm also disappointed. As for the foundation, it's a manufacturer markup like dealer markup due to high demand, but it's only around 5k since you do get other items and FSD with it. As long as demand is high, they will have markups on them and will sell every single CT they make. Eventually, the price will drop like S,X,3, and Y. We all seen the pattern. In 4 or 5 years, it'll be $20k or more cheaper once they start building up inventory. It's the classic supply and demand loop.

 

[Gurule92]

$20k over 2019 estimate was kind of expected. They were not going to hit that price since 2021/2022 inflation. I'm also disappointed. As for the foundation, it's a manufacturer markup like dealer markup due to high demand, but it's only around 5k since you do get other items and FSD with it. As long as demand is high, they will have markups on them and will sell every single CT they make. Eventually, the price will drop like S,X,3, and Y. We all seen the pattern. In 4 or 5 years, it'll be $20k or more cheaper once they start building up inventory. It's the classic supply and demand loop.

You keep forgetting to count for the lost tax credits due to price. It's more than 5k

 

[Deleted member 17810]

"But but but Tesla is not just a car company, it's a tech company!"

Yet the news that moves the stock price is the production and delivery of cars sold, and the profitability of said cars. That's what matters. It's a car company that has slowing growth and numbers that are retracting faster than Elon's hairline in his 20's.

At the end of the day, everything "tech" that Tesla does literally has no effect on the bottom line.

I mean....

Their YOY speaks for itself.

---

It's almost like every one of these earnings calls people only focus on CT.

 

[CybertruckRN1127]

You keep forgetting to count for the lost tax credits due to price. It's more than 5k

I did forget, but I wasn't counting on it because I don't qualify so it slipped my mind. Eventually, it will be $80 and qualify.

Below is my $35K RWD Model 3. I waited in line before I saw it becase Elon said they are making a $35k car. I was suckered into a $60k car instead. Today, you can buy an even better Model 3 for the same or lower price.

Elon said I could get a Tri-Motor for $70k and I got suckered into buying a $120k Cyberbeast. One day, a Cyberbeast will be $70k. Maybe in 2030, and it will be better than Foundation Series.

 

[Broski]

I mean....

Their YOY speaks for itself.

---

It's almost like every one of these earnings calls people only focus on CT.

Well, this is a cyber truck forum… So I think this community would be extra interested. That said the press and negative press associated with cyber truck and Tesla seems extremely biased against the company.

 

[Broski]

I did forget, but I wasn't counting on it because I don't qualify so it slipped my mind. Eventually, it will be $80 and qualify.

Below is my $35K RWD Model 3. I waited in line before I saw it becase Elon said they are making a $35k car. I was suckered into a $60k car instead. Today, you can buy an even better Model 3 for the same or lower price.

Elon said I could get a Tri-Motor for $70k and I got suckered into buying a $120k Cyberbeast. One day, a Cyberbeast will be $70k. Maybe in 2030, and it will be better than Foundation Series.

At the new price points, the vehicle has gotten to I would imagine a large percentage of buyers would make too much money to be eligible for any tax credit

 

[Gurule92]

At the new price points, the vehicle has gotten to I would imagine a large percentage of buyers would make too much money to be eligible for any tax credit

Married couples can make 300k after tax credit the truck is 67490 to 72490. This is before any trades or down payments.

I think there are more married couples under 300k that can afford that then you think.

Or even single people under $150k can afford it IMO

 

[Pulaski]

You keep forgetting to count for the lost tax credits due to price. It's more than 5k

There are tax credits available. The options just aren't as simple as $7500 off your purchase price. Do some research.

 

[Gurule92]

There are tax credits available. The options just aren't as simple as $7500 off your purchase price. Do some research.

It literally is as simple as $7500 off the price at point of sale provided you and the vehicle qualify.

And in awesome states you get more at tax time. (Or even at point of sale if your dealer is set up for it)

Sounds like you need to do some research.

Married couples can make 300k after tax credit the truck is 67490 to 72490. This is before any trades or down payments.

I think there are more married couples under 300k that can afford that then you think.

Or even single people under $150k can afford it IMO

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