Investor Dan Ives from Wedbush Securities is optimistic about the approval of CEO Elon Musk’s new pay package during the upcoming shareholder meeting ahead of Tesla’s third-quarter earnings call.
Robotaxi Rollout and Optimus Production
Ives shared his thoughts on the major focus areas for Tesla’s call, including the Robotaxi rollout across the US and the volume production trajectory for Cybercabs/Optimus in 2026. He also expressed confidence about Musk’s pay package receiving shareholder approval.
A major focus on Tesla’s call will be the Robotaxi rollout across the US and volume production trajectory for Cybercabs/Optimus in 2026, and stable demand.
Merger Talks and AI Investment
A potential merger between Tesla and Musk’s artificial intelligence company xAI, or an investment into the company by the automaker, has been endorsed by experts in the past. Tesla has been pushing towards artificial intelligence and robotics, as highlighted in the company’s Master Plan IV.
Cybercab Testing
A video shared by influencer Sawyer Merritt showed the Tesla Cybercab up close in action for the first time since it was unveiled. The Cybercab was seen driving autonomously, with one unit halting at a stop sign at the automaker’s Giga factory in Texas.
Earnings Call Predictions
Future Fund LLC’s managing director Gary Black predicted that Musk wouldn’t answer questions regarding the removal of onboard safety operators from Tesla’s Robotaxis during the upcoming earnings call. Meanwhile, investment firm Gerber Kawasaki’s co-founder Ross Gerber suggested that Tesla should put a steering wheel in the Cybercab and sell it as a two-door, affordable Tesla model.
Conclusion
Tesla’s earnings call is expected to focus on key areas such as the Robotaxi rollout, Optimus production, and Musk’s pay package. The company’s push towards artificial intelligence and robotics is likely to be a major topic of discussion.
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