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Tesla has invited investors to ask and vote on questions they would like to discuss during the Q1 2023 Earnings Call. The company's management will answer top questions from the voting results.
Tesla will post its financial results for the first quarter of 2023 after market close on Wednesday, April 19, 2023. At that time, Tesla will issue a brief advisory containing a link to the Q1 2023 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
Tesla is working with Say, a shareholder Q&A platform to get the investors talking. Shareholders have to link their brokerage account with the platform, after which they will be able to ask their questions. At the time of this writing, more than 3,600 shareholders, representing more than 2.5 million shares, have already taken part in asking questions and/or voting. However, this is a relatively small number of shareholders, so the top questions may still change closer to the date of the Earnings Call.
At the moment, the top 5 questions (by the number of shares):
- You previously stated a goal to reach 80% of the Tesla car owners with Tesla insurance. When will the goal be met? What is the adoption rate of Tesla insurance where it is available? What is the average annual savings over 3rd party insurers? (794.0K TSLA Shares Represented)
- Can you give updated specs and pricing for Cybertruck, and any new features that will make it to production? (785.2K TSLA Shares Represented)
- Do you still believe Tesla Energy will be bigger than auto and when will you provide more formal guidance on megapack and overall Tesla energy? (539.3K TSLA Shares Represented)
- What is Tesla's plan to fully take advantage of the Inflation Reduction Act (IRA) across your entire product line including auto (including CyberTruck), energy (MegaPacks), and charging? (534.7K TSLA Shares Represented)
- Are your cost reductions and deflationary input prices on commodities outpacing auto MSRP reductions to your liking now and for the foreseeable future? (500.7K TSLA Shares Represented)
© 2023, Eva Fox | Tesmanian. All rights reserved.
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Article edited by @SmokeyShorts; follow him on Twitter