We are live for a new episode of the Electric Podcast.

I am Fred Lambert, your host, and as usual, I'm joined by Seth Winthrop.

Are you doing this Friday, Seth?

I'm good.

All right, we have a big episode today because it was Tesla earnings week.

There's always a lot of news that comes out of the

Tesla earnings, and this one was a wild one. Elon was, I mean, the most bullish you've ever

seen him. And that is, there's an inverse correlation between how bullish Elon is on a call and how bad the earnings

were. And that was like the worst earnings that Tesla had in a long time and the most bullish

that Elon has been in a long time. So let's start by looking at the actual earnings. And then we'll

go into all the comments that Elon and Tesla said that were, let's say, newsworthy.

And there's a lot of interesting stuff.

We're going to get into hardware three stuff that I know that impacts a lot of people, including a lot of our listeners.

We're going to get into the solar. So there was some solar talk, some optimist talk at the end and

everything. But if we look at the actual earnings, it was a big miss. Let's see. There's no,

there's nowhere around it. It was a huge miss. The expectation was 27.2 billion and 77 cents per share for earnings. And Tesla came in at 25.7 billion.

So over a billion dollar miss on the revenues and 73 cents per share. So a big miss on,

most significant miss on earnings too. But that's not really

like the it doesn't really showcase exactly just how bad this is. So obviously this was for

Q4, but we also have now the full year earnings that comes with that since we have the all the

2024. So here are a few of the highlights here the non-gap earnings per share in 2024 completely

was down 22 percent so growth in earnings is gone then you have the actual income from operation down 20% also quite significant.

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