Let's bring in Steve Wesley. He's the founder of Wesley Group, former Tesla board member. Uh Steve, always good to have you.Just give me your thoughts about the X and the S and saying goodbye to them and the ramp up in, you know, what Musk says will be at what some point a million robots a year coming off the uh the lines. >> Look, it's a tough quarter for Tesla. First year of declining revenues down 3%. Second year of declining auto sales down 9%.Profit down 46%. I mean, the one thing that's increasing her ...

Core Viewpoint - Investor sentiment towards Tesla is primarily influenced by long-term narratives rather than short-term fundamentals, which is reflected in the stock price and valuations [1] Financial Performance - Tesla's adjusted earnings per share for the latest quarter was $0.50, exceeding analyst estimates [2] - The company experienced a 3% drop in revenue and a 30% decline in free cash flow, while capital expenditures are increasing [9] Business Segments - Energy storage has performed well, contributing positively to Tesla's financials despite challenges in its core heavy business [2][3] - Profitability in charging and energy storage is helping to offset losses from the electric vehicle segment [4] Future Initiatives - Tesla's investment of $2 billion into X A.I. is seen as a strategic move to support future initiatives like humanoid robots and full self-driving technology [4][5] - There are concerns regarding the credibility of Tesla's future production goals, such as the cyber cab and Tesla Semi, which are projected for volume production in 2026 [10][11] Valuation and Market Performance - Tesla's valuation multiples remain significantly higher than those of its peers, despite deteriorating business fundamentals over the past few years [14][15] - The stock has underperformed compared to the S&P 500, with a five-year return that is less than half of the market's return [15][16] - The company's earnings multiple has shifted from 100 times earnings to 5300 times, raising concerns about sustainability [17][18]

Tesla Inc. (NASDAQ:TSLA) has shared updated terms for availing free Full Self-Driving (FSD) transfers on new purchases, which are slated to end on March 31 this year.Free FSD TransfersThe automaker shared updated terms and conditions on FSD transfers via its official website on Tuesday, outlining that customers taking delivery of their new vehicles between April 24, 2025, and March 31, 2026, could be eligible for free FSD transfers.The company shared that to avail the transfer, the customer should be "the l ...

Tesla’s (TSLA) upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time when investors are looking for non-auto business catalysts for the stock. For the quarter, Tesla is expected to report revenue of $25.11 billion (per Bloomberg estimates), a 2.4% drop from a year ago. Tesla is expected to post adjusted earnings per share (EPS) of $0.45, translating to adjusted net income of $1.59 billion, down considerably from the $2.6 billion reported last year. Tesla ...

Core Insights - Tesla Inc. is expected to report a revenue of $24.49 billion for Q4, with automotive revenue contributing $17.29 billion [2] - Analysts predict a profit of approximately $4.15 billion for Q4, with Non-GAAP EPS estimated at $0.44 and GAAP EPS at $0.30 [3] - For 2026, total deliveries are projected to reach 1,722,932 units, with revenues estimated at $104 billion, including $71 billion from automotive sales [4] Financial Estimates - Q4 revenue is estimated at $24.49 billion, with automotive revenue at $17.29 billion and total assets around $43.53 billion [2] - Profit for Q4 is projected at $4.15 billion, with operating income of $1.05 billion [3] - For 2026, Non-GAAP EPS is expected to be $2.03, with total revenues of $104 billion [4] Product Developments - Tesla plans to increase the subscription fee for its Full Self-Driving (FSD) system, currently at $99/month, as capabilities improve [6] - The company is launching driverless, unsupervised Robotaxis in Austin, although concerns have been raised regarding monitoring [7] - A partnership with Lemonade Inc. aims to offer reduced rates for FSD-engaged driving, highlighting the safety of the technology [7]

Key Takeaways Lemonade is offering a 50% discount when Tesla FSD engaged.The partnership provides Lemonade with exclusive access to Tesla vehicle data.The deal gives Lemonade instant access to Tesla's massive customer base.Lemonade ((LMND) is one of the fastest-growing insurance companies on Wall Street and a perfect example of how artificial intelligence is quickly progressing beyond large language models (LLMs) and into other verticals like insurance. The company provides homeowners’ insurance, renters in ...

Core Viewpoint - Tesla Inc. will end its free Full Self-Driving (FSD) transfer service on March 31, 2025, requiring customers to place orders for new vehicles by this date to qualify for the transfer [1][2]. Group 1: FSD Transfer Service - Customers must order their new Tesla vehicle by March 31 to qualify for free FSD transfers, allowing them to transfer the service from their previous vehicle [2]. - Customers can still take delivery of their vehicle after March 31 if they placed an order before the deadline [3]. Group 2: Subscription Model - Starting after Valentine's Day, Tesla will discontinue the option for customers to pay a one-time fee of $8,000 for FSD, transitioning to a subscription-only model priced at $99 per month [4]. - This shift raises questions about the motivations behind the decision, with speculation linking it to CEO Elon Musk's compensation package, which includes a target of 10 million active FSD subscriptions [5]. Group 3: Market Reaction - Tesla's stock (TSLA) experienced a slight decline, closing at $437.50, and further dropping to $437.44 in after-hours trading [6].

Core Viewpoint - U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation regarding potential violations of traffic laws by its Full Self-Driving vehicles [1] Group 1 - The investigation focuses on whether Tesla's Full Self-Driving technology has led to traffic law violations [1] - The extension allows Tesla additional time to prepare its response to the regulators [1] - This development highlights ongoing scrutiny of Tesla's autonomous driving features by regulatory authorities [1]

Core Viewpoint - Tesla's recent production and delivery numbers were deemed "better than feared" by analyst Dan Ives, despite falling short of internal targets [1][2]. Delivery and Production Summary - Q4 2025 deliveries totaled 418,227 vehicles, approximately 1.1% below Tesla's internal analyst consensus of 422,850 and nearly 3.4% under Visible Alpha's estimate of 432,810 [8]. - Q4 2025 production reached 434,358 vehicles, lagging behind Bloomberg's consensus of 470,780 by about 7.7% [8]. - Full-year 2025 deliveries amounted to 1,636,129 vehicles, closely aligning with Tesla's compiled consensus of 1,640,752 and near third-party expectations of around 1.65 million [8]. - Full-year 2025 production was 1,654,667 vehicles, indicating that Tesla produced slightly more than it delivered [8]. - Energy storage for Q4 reached a record 14.2 GWh, surpassing Tesla's compiled consensus of 13.4 GWh by nearly 6% [8]. Market Context and Challenges - Tesla's delivery numbers are under pressure due to the loss of the $7,500 U.S. tax credit and ongoing challenges in Europe, but the overall report suggests stability rather than decline [3][9]. - The competitive landscape is intensifying, with Chinese EV manufacturer BYD selling 4.6 million vehicles, including nearly 2.26 million battery EVs, significantly outpacing Tesla's 1.64 million deliveries [14]. - Other competitors like Geely, NIO, and Li Auto also reported strong late-year numbers, emphasizing the competitive nature of the EV market [15]. Future Outlook - Dan Ives believes that Tesla is entering 2026 on firm ground, despite the challenges in achieving delivery growth [7][9]. - The focus is shifting beyond just vehicle deliveries to include advancements in AI, energy, and autonomy, which may help offset weaknesses in the core EV business [4][5]. - Ives maintains a buy rating on Tesla stock with a price target of $600, the highest on Wall Street [10]. Analyst Sentiment and Valuation - Tesla stock is currently trading around $438, having experienced an 8% decline recently but still showing a 16% gain for the year [11]. - Analysts have varied price targets for Tesla, with Deutsche Bank at $500, BofA Securities at $471, Goldman Sachs at $420, Morgan Stanley at $425, and UBS at $247, reflecting differing views on the company's valuation and growth potential [17].

Core Insights - Tesla experienced a significant decline in sales, with 418,227 electric vehicles sold in Q4, marking a 15.6% decrease from the same period in 2024, leading to a second consecutive annual sales decline [1][2] - BYD surpassed Tesla in annual sales of battery-electric vehicles for the first time, with BYD's sales rising nearly 28% to 2.26 million units in 2025, while Tesla delivered about 1.64 million vehicles for the year [2][3] Sales Performance - Tesla recorded its first-ever annual sales decline in 2024, attributed to the end of the $7,500 tax credit for new EVs, which previously drove record sales [3] - Sales hit their lowest level since 2022 in November, despite the introduction of cheaper versions of the Model 3 and Y vehicles [4] Market Challenges - Tesla faced intense competition in China from local manufacturers offering advanced electric models at lower prices, and in Europe, sales dropped significantly due to backlash against CEO Musk's political endorsements, with December registrations falling 66% in France and 44% in Spain [5] - Analysts noted that Tesla's product lineup has become stale, with no new vehicle launches since the Cybertruck in 2023, which has underperformed in sales [6] Stock Performance and Future Initiatives - Despite sales challenges, Tesla's stock price reached a record high in December, driven by investor optimism regarding the robotaxi rollout [7] - The company is preparing for mass production of its Cybercab robotaxi, which lacks a steering wheel or pedals, and aims to expand its autonomous ride-hailing service [8] - Musk indicated that the upcoming launch of "unsupervised" Full Self-Driving software is expected to boost vehicle demand, with plans for the Austin robotaxi service to operate without safety monitors by the end of 2025 [9][10]