Traders sound out Tesla forward of earnings report


(Reuters) – Tesla Inc buyers compiled a listing of inquiries to the corporate forward of the electrical carmaker’s quarterly earnings report on Wednesday, starting from requests for updates on the corporate’s insurance coverage coverage to complaints about questions requested by analysts.

FILE PHOTO: A Tesla supercharger is proven at a charging station in Santa Clarita, California, U.S. October 2, 2019. REUTERS/Mike Blake

A be aware on the web site stated Tesla invitations its buyers to ask questions on the earnings name, scheduled for 3:30 pm Pacific Time (2330 GMT).

“Administration will reply to the highest questions on the decision,” the be aware stated.

Following is a listing of pattern questions by buyers:

– Can Tesla present an replace on its auto insurance coverage coverage and a timeline for when it’ll start to make use of the information it collects from Tesla’s fleet to decrease insurance coverage premiums?

Tesla in August launched an insurance coverage service designed to provide drivers in California, its greatest market, decrease charges due to security options on its electrical autos. However the usage of car knowledge would rely on particular person U.S. state legal guidelines, a Tesla govt stated in September.

– Will Tesla launch a ride-hailing community app to permit Tesla house owners to be drivers?

– Can Tesla present an replace on when its full self-driving function will probably be out there to customers?

– Why doesn’t Tesla take questions from particular person buyers, who’ve extra private funding within the firm, versus monetary analysts?

– What’s Tesla’s projected annual car supply development price with new factories in China and finally Germany ramping up?

– What components will restrict Tesla’s manufacturing most this 12 months?

– Will the manufacturing of Mannequin Y, a crossover utility car utilizing many Mannequin Three elements, be extra environment friendly and assist ramp up manufacturing sooner or enhance the margins?

– Can Tesla present a manufacturing timeline replace on its Roadster and Tesla Semi autos?

Reporting by Tina Bellon in New York; Modifying by Lisa Shumaker


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