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I think it's pretty bizarre to see a financial document that reads more as an advertisement for the business as a consumer wanting to buy their product rather t

by loufe 2y ago

I think it's pretty bizarre to see a financial document that reads more as an advertisement for the business as a consumer wanting to buy their product rather than actual financial performance details. Also I am so certain the humanoid robot is not very productive and someone in management pushed hard to get it on the line and photographed just before the Q2 report deadline, what a joke.

infecto 2y ago
Fairly typical or at least happens often enough that an earnings call deck is provided. I did not watch this call but this should be the slide deck they went over. Definitely more the norm for annual calls, both a formal SEC filing will be made and often the deck to go along with the presentation. From a public perspective I don't think anything in here is an "advertisement". They (mgmt) is trying to show you their narrative, how they think about the company and whats coming up. Think of it as a software roadmap. If you think this one is an advertisement you should see clothing consumer materials like Nike, they will walk through a number of their product lines in a very "ad" like tone. Edit: Not to suggest that their narrative is correct but that's the general aim of these calls. See Snowflake below. https://s26.q4cdn.com/463892824/files/doc_financials/2024/q4/Q4-FY2024-Investor-Presentation-vF.pdf https://s26.q4cdn.com/463892824/files/doc_financials/2024/q4...
paxys 2y ago
Tesla is basically a meme stock at this point. Its investors don't care about numbers, just hype.
- linearrust 2y ago
  > Tesla is basically a meme stock at this point. A $700 billion market cap 'meme stock'. Don't think so.
  - lowmagnet 2y ago
    > A meme stock refers to the shares of a company that have gained viral popularity due to heightened social sentiment. - Investopedia
- mey 2y ago
  "The Market Can Remain Irrational Longer Than You Can Remain Solvent" is as true as it ever was. I do not hold Tesla stock (directly, don't have a desire to audit my mutual funds that closely).
nick238 2y ago
It gives off some strong "faceless worker trapped in a box doing repetitive menial work" vibes. I get the whole 'humans can do so many different things, so make a human-shaped robot to do all those things' idea, hence Boston Dynamics' Atlas, but humans do all those things at a kinda mediocre speed. Developing general control systems for 6+ axis arms and picking the correct number and size of arms for whatever strength/speed you need seems far more useful. Yeah, you can pick up your one-size-fits-all gimpbot and put him in the cage to put different cells into different boxes, but the hard part IMHO is the control software/training, not the hardware.
enslavedrobot 2y ago
This is a slide deck for the quarterly analyst call. The financial statements come out later. The quarterly statement is called a 10Q and is filed with the SEC and can easily be found on the company investor relations website. It is totally normal to have a slide deck published to accompany the quarterly shareholder call.

by loufe 2y ago

infecto 2y ago

Fairly typical or at least happens often enough that an earnings call deck is provided. I did not watch this call but this should be the slide deck they went over. Definitely more the norm for annual calls, both a formal SEC filing will be made and often the deck to go along with the presentation. From a public perspective I don't think anything in here is an "advertisement". They (mgmt) is trying to show you their narrative, how they think about the company and whats coming up. Think of it as a software roadmap. If you think this one is an advertisement you should see clothing consumer materials like Nike, they will walk through a number of their product lines in a very "ad" like tone. Edit: Not to suggest that their narrative is correct but that's the general aim of these calls. See Snowflake below. https://s26.q4cdn.com/463892824/files/doc_financials/2024/q4/Q4-FY2024-Investor-Presentation-vF.pdf https://s26.q4cdn.com/463892824/files/doc_financials/2024/q4...

paxys 2y ago

Tesla is basically a meme stock at this point. Its investors don't care about numbers, just hype.

linearrust 2y ago
> Tesla is basically a meme stock at this point. A $700 billion market cap 'meme stock'. Don't think so.
- lowmagnet 2y ago
  > A meme stock refers to the shares of a company that have gained viral popularity due to heightened social sentiment. - Investopedia
mey 2y ago
"The Market Can Remain Irrational Longer Than You Can Remain Solvent" is as true as it ever was. I do not hold Tesla stock (directly, don't have a desire to audit my mutual funds that closely).

nick238 2y ago

It gives off some strong "faceless worker trapped in a box doing repetitive menial work" vibes. I get the whole 'humans can do so many different things, so make a human-shaped robot to do all those things' idea, hence Boston Dynamics' Atlas, but humans do all those things at a kinda mediocre speed. Developing general control systems for 6+ axis arms and picking the correct number and size of arms for whatever strength/speed you need seems far more useful. Yeah, you can pick up your one-size-fits-all gimpbot and put him in the cage to put different cells into different boxes, but the hard part IMHO is the control software/training, not the hardware.

enslavedrobot 2y ago

This is a slide deck for the quarterly analyst call. The financial statements come out later. The quarterly statement is called a 10Q and is filed with the SEC and can easily be found on the company investor relations website. It is totally normal to have a slide deck published to accompany the quarterly shareholder call.