Tesla Inc. TSLA will report its financial results for the third quarter after market close on Wednesday.
What happened: Elon Musk confirmed that he will participate in the live webcast of the company’s conference call scheduled for 5:30 p.m. EDT. Musk is expected to deliver the prepared opening statement before passing it on to the chief financial officer Zachary Kirkhorn.
Musk and his team will then answer select questions from Tesla investors and Wall Street analysts.
Yes
— Elon Musk (@elonmusk) October 18, 2022
Prior to the earnings call, Tesla typically collects questions from its investors via an external Q&A platform for shareholders called “SAY.”
Here’s what shareholders, both retailers and institutions, want to know about Tesla:
1. Cybertruck – Cynosure of All Eyes: The most upvoted question was about tesla Cybertruck, with shareholders keen to receive information on the status of production planning, initial Phase 1 production numbers and updates on pricing and final design. This question received around 5,100 votes from holders of 6.2 million Tesla shares.
The previous update on the electric pickup indicated that it would be launched in mid-2023. Last week it was said that new Cybertruck bodies or prototypes had been sighted at Giga Austin, where they would be produced. Sharing the image on Twitter, one of Musk’s followers said, “Damn, foiled again.”
Damn it, thwarted again!
— Elon Musk (@elonmusk) October 15, 2022
2. Share buyback: A question from a Tesla retail investor about whether the company was considering a share buyback received 3,400 upvotes. After a sharp sell-off in Tesla stock, talk of a potential share buyback has grown louder.
Tesla bull and Gary Black of Future Funds recently sent an open letter to the EV manufacturer’s board of directorsand urged them to consider buying back over $10 billion in stock.
See also: Tesla a hit with members of the US Congress? Lawmakers buy heavily on stock dips
3. Battery Cell Update: A question on progress at the company…
