Five Things to Watch and Listen for When Tesla Reports Earnings

(Bloomberg) --

Tesla reports fourth-quarter earnings Wednesday after the market close. It should be a big deal.

Elon Musk, who skipped the call in October, has said he’ll be back to give an update on the company’s product roadmap. Guidance on deliveries for the year ahead will be top of mind.

Here are five topics to look out for:


Musk made an at-the-time-outlandish pitch to investors in May 2019 that autonomy would be “transformative” and a fundamental driver of Tesla becoming a half-trillion-dollar company. The latter prediction now seems quaint, with Tesla having well exceeded Musk’s envisioned market capitalization. But customers are still waiting for the year of the robotaxi that Musk over-optimistically said they were in store for in 2020. Whatever the CEO says about plans to make Full Self-Driving beta features available to more owners who paid thousands of dollars for them could have important implications for revenue and margins this year.