Key long-term notes from Tesla Q2 Report and Call 🧵

Capacity chart removed "Robotaxi and Others"

New: "Next Gen Platform" at "Various" locations "in development"

Various? Mexico, Austin, Berlin, and China?

Rather than Next Gen in Mexico first and later expand,Tesla will build FOUR factories at the same time, which means rapid vehicle production growth in the next 2-3 years.

This could be 7M+ vehicles in a few years

Cybertruck still listed as Tooling rather than Production

Storage & solar deployed, energy revenue did not grow from previous quarter.

Notes indicate:
1. Solar demand down across industry due to high interest rates
2. Storage deployed is volatile but production still growing

Energy revenue growth lags deployed growth. Wen catch up?

Wild card 1:
@TashaARK
notes from call FSD licensing discussion w/ major OEM - I'm guessing it's Ford

This could be insanely profitable

With the other company paying hardware cost, Tesla would make $15K revenue per car, all of it profit

Wild Card 2 -
@ICannot_Enough
asks Elon about "fleet-based profits". Elon replies with a smirking face.

@MartinViecha
replies with some thoughts

Seems obvious this refers to robotaxi fleet which would be even more insane profits