
Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move
- by Electrek
- Apr 21, 2025
- 0 Comments
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It’s a moving of the goalpost compared to Tesla’s previous promises of customer vehicles becoming capable of robotaxi self-driving.
The unveiling of the latest generation of Optimus, Tesla’s humanoid robot, also wouldn’t be surprising.
Tesla has made impressive progress on the robotics side of things with its latest prototypes, but all previous demonstrations of the robots included teleoperation by humans. Until that’s a thing of the past, the Optimus robot has only minimal use cases and value. It will be something to look out for.
Along with these potential product announcements, it
is also possible that Musk will announce a proposal for Tesla to invest in xAi, which he would likely present in conjunction with the integration of Grok in Tesla vehicles and robots.
Electrek’s Take
You can sense the desperation here. Tesla is afraid that the earnings will send the stock spiraling further down, and it plans a little pumping session at the same time to compensate.
I am curious to see whether it works or not. Lately, I think the stock more closely relate to whether or not people believe Musk’s claims than anything else and certainly not fundamentals.
With Tesla’s earnings anticipated to decline in the upcoming report and future earnings likely adjusted down, Tesla will trade at record-high price-to-earnings and future earnings ratios.
Every time that happened, Tesla’s stock somewhat quickly readjusted. Still, it will be interesting to see if whatever Musk announces at the “company update” can prevent that from happening, or if Tesla shareholders will start to question whether Musk’s views on Tesla’s self-driving and robotic efforts are accurate.
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