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Tesla Q2 Financial Reporting

Publish Date: 2023.07.19

  According to TESLARATI, Tesla is about to hold a Q2 2023 financial report conference call. Investors are most concerned about the following five issues - FSD authorization, FSD transfer to new cars, Cyberrack pricing and configuration, charging business expansion, and 4680 battery development.

  

  According to the investor platform Say, Tesla's shareholders are eager to inquire with Tesla CEO Musk and other executives about various things that may affect the company's stock price, as well as the overall outlook for the company for the rest of 2023 and beyond.

  

  Q1: Have car manufacturers sought FSD authorization from Tesla?

  

  Musk recently said that "Tesla hopes to help other car companies as much as possible", and said that he is willing to authorize the auto drive system Autopilot or FSD to other car companies. Since Ford, General Motors and other companies have been developing auto drive system independently, Tesla may authorize Autopilot or FSD to start-ups. However, this may happen. If a company adopts Tesla's auto drive system, it will prompt many other companies to make the same choice, just as several car companies have chosen to use Tesla's NACS charging standard.

  

  Q2: Has Tesla considered allowing existing customers to transfer FSD to new cars instead of locking it in to existing cars?

  

  Tesla currently does not allow the transfer of FSD to new cars, and it is expected that the company will not allow this in the short term. Musk once stated that compared to the value after completion, the current price of FSD is very cheap. Tesla can earn more money from those who want to install FSD on multiple vehicles, so changing cars is likely to require purchasing FSD again.

  

  Q3: When can Tesla provide more information about Cyberrack orders? What is the estimated delivery schedule, pricing, and specifications?

  

  The market expects Tesla to disclose information about the Cybertruck during the earnings conference call, as the first Cybertruck has already been taken offline based on pictures shared by the company over the weekend. It is unlikely that Tesla will not tell customers how much they should pay before delivery.

  

  Image source: Tesla

  

  Q4: When opening up its overcharging network to other electric vehicles in North America, does Tesla plan to accelerate its expected investment in expanding its overcharging network to avoid congestion? And how will Tesla respond to the long delivery cycle required to upgrade power transmission and distribution services to these regions to achieve megawatt level loads?

  

  Tesla is also faced with a major task when opening the overcharge network to all vehicle enterprises - fighting against congestion, especially when all cooperative vehicle enterprises share 12000 Charging station. However, Tesla will open a new Charging station every 11 hours on average, which is faster than the 12 hours in June and the 13 hours in May.

  

  Q5: What is the condition of the Tesla 4680 battery? Off battery daily setting

  

  Q5: What is the condition of the Tesla 4680 battery? How far is it from the target set for Battery Day? When is it expected to achieve the target set for battery day?

  

  Tesla has produced 10 million 4680 batteries in Texas, USA, and countless 4680 batteries in Fremont. Tesla is advancing 4680 batteries at a reasonable speed. As for how far Tesla is from its 2020 Battery Day goal, there is no need to speculate. Tesla only needs to obtain raw materials and accelerate production, and will no longer be limited to battery issues.

  

  This article is reprinted from Gaishi Automotive Information Network

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