Why Tesla’s delivery numbers shouldn’t be a concern

Tesla reported it’s second straight year-over-year drop.

Transcript

00:00So I think that the market is telling you that these numbers represent what the company Tesla was, now what's becoming.

00:06It's not an EV company anymore, so clearly these numbers, it was a slight miss, but it was better than feared,

00:11because I think the lowest estimates were around $350,000.

00:14They came at $384,000. The street wanted $389,000.

00:17So I think that it was better than feared, and I think that having an effect on what the company was

00:23is pretty minimal for what it's trying to become, because it's trying to become the operating system of physical AI

00:29through humanoids, through autonomy. If that vision comes to a reality,

00:34we're not going to worry about a couple hundred thousand delivery numbers anymore.

00:37It's going to be something about the early disruptors of this multi-trillion dollar TAM.