Four Key Takeaways From Tesla's Latest Earnings and Elon Musk's Conference Call

Core Insights - Tesla's recent earnings report revealed a decline in revenue and adjusted profits, marking the company's first annual drop in vehicle deliveries, yet the stock saw a rise of over 4% [2][5] Self-Driving Software and Robotaxi Plans - Tesla plans to launch its unsupervised self-driving software as a paid service in Texas and California around June, with potential expansion to other markets [3][8] - The company aims to operate its "Cybercab" autonomous taxis by the end of the year, allowing Tesla owners to rent their vehicles for autonomous use next year [4][8] Analyst Perspectives - Analysts from JPMorgan maintain an "underweight" rating with a $135 price target, expressing concerns that the stock's rise is disconnected from the company's financial performance [5][6] - Oppenheimer analysts remain cautious about the timeline for full self-driving development, while Morgan Stanley holds an "overweight" rating with a $430 price target, noting the focus on Optimus and AI during the call [6] Future Delivery Expectations - Tesla anticipates a return to growth in vehicle deliveries by 2025, projecting deliveries to increase to approximately 1.94 million vehicles, an 8% rise year-over-year [7][9] Optimus Robot Projections - Elon Musk is optimistic about the potential revenue from the Optimus humanoid robot, suggesting it could surpass vehicle sales, with plans to produce thousands for factory tasks this year and potential sales to other companies next year [10][11]