TMT Breakout

TMT Breakout

Share this post

TMT Breakout
TMT Breakout
TMTB: TSLA TXN First Takes; EOD Wrap

TMTB: TSLA TXN First Takes; EOD Wrap

TMT Breakout's avatar
TMT Breakout
Apr 23, 2024
∙ Paid
1

Share this post

TMT Breakout
TMT Breakout
TMTB: TSLA TXN First Takes; EOD Wrap
Share

TSLA looks weak as expected but investors liking commentary around new models

"We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025. These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms, and will be able to be produced on the same manufacturing lines as our current vehicle line-up. This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times. This would help us fully utilize our current expected maximum capacity of close to three million vehicles, enabling more than 50% growth over 2023 production before investing in new manufacturing lines. Our purpose-built robotaxi product will continue to pursue a revolutionary 'unboxed' manufacturing strategy."

Q1 …

Keep reading with a 7-day free trial

Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 TMT Breakout
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share