Tesla had its best-ever Q2 vehicle deliveries and there will be strong FSD sales. FSD V14-lite is rolling out to Hardware 3 vehicles and there will be more FSD sales in China and Europe.
This is expected to significantly boost subscription revenue and improve used car resale values.
The +34% QoQ delivery has fixed‑cost absorption that lets automotive gross margin climb. Energy at 13.5 GWh, carrying ~30%+ segment margins, mechanically lifts the blend as it grows to ~13% of revenue.
Active FSD subscriptions were already at 1.28 million, up 51% year over year entering the quarter. There is increasing approvals in Europe and China. This is the last ~1 point of margin from ~23% to ~24%. If subscription growth continued into Q2 (and especially if any deferred FSD revenue was recognized against an autonomy milestone), the 24.2% holds. If it stalled the margins might only be ~22.5% and GAAP EPS drifts toward ~$0.75.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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The content is misleading in order to artificially hype the Tesla.
If we look at the graph at the start(Tesla:: Quarterly Deliveries) we see how the delivery numbers fluctuate at least in the last 2 years or so. So comparing last quarter to this one is really not so objective. You can see there were higher delivery numbers in past, max was 497k and there were also lows. Comparing to low to get high percentages in improvement is not objective.
They are doing well, but the how it is represented it is a bit misleading to hype own narrative.