Core Insights - Tesla's recent earnings report disappointed investors, with a focus shifting towards future technologies like robotaxis and AI rather than immediate EV sales [1][2] - The company's stock price fell by 3.2% to $425.07 in after-hours trading, indicating that current earnings are less impactful on stock performance compared to future growth prospects [2] Financial Performance - Tesla reported earnings per share of 50 cents, which was below Wall Street estimates by approximately 5 cents [2] Strategic Focus - The conference call highlighted a significant interest in Tesla's future initiatives, particularly in AI and robotics, rather than just the current state of electric vehicle sales [1][2] - There was a call for shareholders to support Elon Musk's proposed trillion-dollar pay package, indicating ongoing discussions about leadership compensation amidst the company's strategic direction [2]
The Conference Call Is Over. Musk's Pay Package Got a Mention.