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Central to the call was Elon Musk's evident happiness, which seemingly resonated with investors. Brian highlighted moments where Musk appeared giddy, suggesting that his positive demeanor could potentially influence stock performance. Musk's optimistic outlook was further underscored by the CEO's projections for Tesla's innovations, including full self-driving (FSD) capabilities and robot taxis.
The Numbers: Margin Insights
However, not all was rosy in terms of numbers. The margins reported were lower than anticipated, notably around 16.8%, falling short of the 20% mark many had expected. Nonetheless, Wang emphasized that the figures should be viewed in the context of Tesla's ambitious future projects rather than being a point of immediate concern.