{"id":15913,"date":"2022-02-21T09:05:21","date_gmt":"2022-02-21T14:05:21","guid":{"rendered":"https:\/\/autosector.com\/?p=15913"},"modified":"2022-02-21T09:05:21","modified_gmt":"2022-02-21T14:05:21","slug":"tesla-robot-delays-cheap-ev","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=15913","title":{"rendered":"Tesla Humanoid Robot Delays $25K Car: Should Elon Musk Reconsider?"},"content":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX<\/a>, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by\u00a0EVANNEX<\/a>\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy!<\/em><\/span><\/p>\n

Posted on<\/span>\u00a0EVANNEX on February 21, 2022,\u00a0by<\/span>\u00a0Charles Morris<\/p>\n

There was plenty of good news for investors and EV fans in Tesla\u2019s latest\u00a0earnings report<\/a>. Vehicle deliveries grew by 87% in 2021, and the company\u2019s earnings per share and revenue both beat analyst estimates by over 6%. Tesla<\/a> also claimed that it achieved \u201cthe highest quarterly operating margin among all volume OEMs…demonstrating that EVs can be more profitable than combustion engine vehicles.\u201d<\/p>\n

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Above: It looks like the lower-priced Tesla EV is getting sidelined for the ‘Optimus Subprime’ robot project (Unsplash:\u00a0Austin Ramsey<\/a>)<\/em><\/div>\n

Another unsurprising but welcome tidbit: Tesla confirmed that Model Y<\/a> production has begun at Gigafactory Texas. It\u2019s reportedly only waiting for final certification to start deliveries.<\/p>\n

As usual, TSLA stock tanked immediately following the earnings report\u2014over 10% in a day\u2014but soon recovered the loss. However, the announcement that the launch of Tesla\u2019s\u00a0Cybertruck<\/a>\u00a0and\u00a0Semi<\/a>\u00a0will be delayed until \u201chopefully next year\u201d still seems to be a drag on TSLA\u2019s prospects, at least in the near term.<\/p>\n

Another topic that concerns some Tesla supporters is a sense that the company is straying from its mission of electrifying transport. At a time when the company should be calling all hands on deck to bring its new vehicles to market, the mercurial Mr. Musk<\/a> spent much of his time on the earnings call discussing other projects. Explaining why Tesla isn\u2019t working on a new, lower-priced model, he conceded, \u201cWe have enough on our plate right now, too much on our plates, frankly.\u201d<\/p>\n

An overloaded plate is a common problem in our spoiled society, but an overeager visitor to an all-you-can-eat buffet can always remove the lime Jell-O and sheet cake from their tray in order to make room for meat and potatoes.<\/p>\n

Tesla seems to have plenty of room on its plate for robotaxis. \u201cThe thing that overwhelmingly matters is when is the car autonomous,\u201d said Musk, adding that \u201cmy personal guess is that we\u2019ll achieve Full Self-Driving this year.\u201d A certain Tesla-bashing web site\u00a0claimed<\/a>\u00a0that this is the ninth year in a row that Musk has made that prediction.<\/p>\n

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