Tesla's Perfect Quarter is the Start of a 10X Over Three Years
Tesla beat analysts estimates by 18% on earnings for Q3. However, it was achieved with repeatable cost improvement in the cars and in the batteries.
Tesla beat analysts estimates by 18% on earnings for Q3. However, it was achieved with repeatable cost improvement in the cars and in the batteries.
Tesla announced that everything that optimists and shareholders have been waiting for is happening.
Profits and growth is back and the future of cars, energy, robotaxi and Teslabot look great and will make huge progress in 2025 and beyond.
The Tesla robotaxi ridehailing is already on the roads and being used by employees.
The Tesla FSD (full self driving) will improve by 5 times in one month and by 1000 times next year. It will surpass human driving in the middle of next year.
Elon Musk: “We do feel confident in Cybercab reaching volume production in 2026. Not starting production, volume production; I think it’s at least 2 million units per year (when ramped).”
Megapacks reached 200 packs per week in Lathrop California. The energy is making over 30% gross profit margins.
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