Part 4/11:
The recent earnings call did not seem to directly deliver a blockbuster announcement, leading some to interpret it as disappointing. Commentators in the transcript point out that Tesla’s stock dropped about 10% after the call—an indicator of investor dissatisfaction with how the results were presented.
Gary Black described the earnings call as "terrible," criticizing it for being "dumb" and lacking optimism. Despite this, he recognizes that the underlying numbers could still hold long-term bullish potential, especially if the company hits certain catalysts in the coming months.
Other Key Catalysts on Tesla's Horizon
Beyond FSD licensing, several other potential catalysts are highlighted:
- Stable Auto Growth and Gross Margins in Q3