Unlocking Tesla's Earnings: What to Expect from the 2024 Q4 Call
Date: January 29, 2025
Tesla, the pioneer of electric vehicles, is set to hold its 2024 Q4 earnings call today, January 29, at 2:30 PM PT / 5:30 PM ET / 10:30 PM UTC. Investors and Tesla enthusiasts alike will eagerly await insights into the company’s performance and future plans from key executives, including fortune teller and CEO Elon Musk. This call comes at a pivotal moment as Tesla strives to adapt to a rapidly changing automotive landscape, with new technologies and increased competition on the horizon.
How to Listen Live
For those interested in tuning in to the live updates, the event will be streamed directly on Tesla’s official website and on their official YouTube channel, where you can watch the action as it unfolds.
Timing is Everything
For investors around the world, here's when to expect the 2024 Q4 call to begin:
- 2:30 PM Pacific Time
- 5:30 PM Eastern Time
- 10:30 PM UTC
- 10:30 PM - London, England
- 11:30 PM - Berlin, Germany
- 9:30 AM (January 30) - Sydney, Australia
What to Expect
During the call, analysts and shareholders will have the opportunity to engage in a Q&A session, raising their top concerns and inquiries. Some anticipated questions may revolve around:
- Full Self-Driving (FSD): Is the unsupervised FSD feature set to launch in Texas and California as initially expected? What obstacles do Tesla executives see ahead?
- Partnership Talks: Are there discussions underway with other automotive manufacturers regarding the licensing of FSD technology?
- Optimus Development Status: Is the Optimus humanoid robot design locked and on track for a 2025 production rollout?
- Investment Opportunities: Elon Musk has indicated future opportunities for Tesla shareholders to invest in his other ventures. What form will this take and how will it affect long-term investor relations?
- Product Launch Timelines: Can we get a clearer timeline on when the Optimus robot will be available for purchase?
A Brief Look Back at Tesla's Q4 Performance
Looking back at the previous quarter, Tesla produced an impressive 459,445 vehicles while delivering 495,570 vehicles globally. Notably, the bulk of these numbers stemmed from Tesla’s star performers, the Model 3 and Model Y, comprising most of those delivered.
Interestingly, the Cybertruck, Model S, and Model X are categorized as “Other Models,” contributing to a total production of 22,727 vehicles, representing a slight increase in production from the previous quarter. However, as Cybertruck production ramps up and enters new markets, it may understandably affect the popularity and production frequency of the older models.
Q4 Vehicle Production Numbers
| Model | Production | Deliveries |
|---|---|---|
| Model 3/Y | 436,718 | 471,930 |
| Other Models (Including CT) | 22,727 | 23,640 |
| Total | 459,445 | 495,570 |
Annual Recap for 2024
On an annual scale, Tesla shared that they achieved a total production of 1,773,443 vehicles and delivered 1,789,226 vehicles. Nonetheless, despite these massive figures, Tesla noted a global sales decline of approximately 1% when compared to 2023.
As we progress into 2025, analysts and investors will be closely monitoring whether this trend of slowing sales persists, especially in increasingly competitive markets such as North America and Europe.
Stay Tuned
After the earnings call, we will provide a comprehensive recap detailing everything discussed and a thorough analysis of the Q&A session. Stay tuned for in-depth insights straight from Tesla’s executive team.
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