TESLA EARNINGS PREVIEW, GM DELAYS EV PLANS, BMW ADOPTS NACS

EV Channels Review

This episode of Tesla Daily provides a comprehensive preview of Tesla's upcoming Q3 earnings report, alongside updates on key industry news. The host details expectations for Tesla's financial performance, highlighting potential impacts from average selling prices, cost of goods sold, and the recognition of deferred revenue from FSD. Notably, the analysis suggests a potential increase in automotive gross margin, partly due to regulatory credits and FSD deferred revenue, though energy margins are predicted to decline slightly due to volatility. The discussion also covers significant industry developments, including BMW's adoption of NACS, GM's delay in EV production plans, and a recall for Tesla Model X vehicles. While the earnings preview offers detailed financial projections, the primary focus remains on understanding the business's trajectory and the context surrounding its financial results, rather than precise number-beating.