Episode 403: Q1 Earnings Call Recap, Highlights, and Analysis
Ride the Lightning: Tesla Motors Unofficial Podcast
Ryan McCaffrey
4.8 • 988 Ratings
🗓️ 23 April 2023
⏱️ 85 minutes
🧾️ Download transcript
Summary
Tesla held its Q1 earnings call, and as always I’ve got all of the highlights and analysis from Elon Musk and the Tesla executive team. Plus: Tesla adjusts vehicle prices again, the Cybertruck release window narrows, and more!
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Transcript
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| 0:00.0 | On this week's episode of Ride the Lightning, the Tesla Unofficial Podcast, |
| 0:03.6 | Tesla held its Q1 earnings call and as always I've got all of the highlights and |
| 0:08.4 | analysis from Elon Musk and the Tesla Executive Team. |
| 0:11.7 | Plus Tesla adjusts vehicle prices again and more. Oh, Good morning, good afternoon or good evening, Tesla friends, wherever you may be listening, and whenever you may be listening. I'm Ryan McCaffrey. This is Ride the Lightning |
| 0:44.6 | your weekly Tesla unofficial podcast episode number 403 for April 23rd |
| 0:51.0 | 2023. You will have to forgive me April 23. |
| 0:54.0 | You will have to forgive me on this episode. |
| 0:56.0 | I am on the back end of a bit of a tough cold, |
| 0:59.6 | so if I sound a little off, that is why. But the good news is there is plenty of |
| 1:05.0 | podcast to get to and you will hear other voices than mine, namely Elon Musk and |
| 1:10.1 | the Tesla executive team as I recap and analyze this this latest earnings call for Q1 |
| 1:17.4 | But before we get to that some good news more price cuts. The model three, we'll start there. The base model three is now down to $40,000. |
| 1:31.2 | Although, now that the tax credit is officially cut in half, if you qualify for that, |
| 1:37.8 | it is still a bit more money now than it was a week ago. |
| 1:41.5 | If you don't qualify for that what was a $7,500 and is now a $3,750 tax credit, |
| 1:50.0 | well then it is cheaper for you. So 40K for the base model 3, again tremendous value there in my |
| 1:55.7 | opinion as I've said over and over. The model 3 performance remaining unchanged at 53,000 on the model why. |
| 2:04.8 | The standard range all-wheel drive model |
| 2:07.3 | why has been trimmed down to 47,000 dollars. The most popular variant, the Model Y long-range dual motor down to $50,000 and still |
| 2:20.9 | qualifies for the full $7,500 credit. |
| 2:23.8 | It's only the base model three because of its Chinese sourced LFP battery pack |
| 2:30.0 | has the half credit. |
... |
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