Prospect | Cybertruck, Price Reduction, Gross Margin! These are the issues that Tesla investors are most concerned about!

Just tonight! Tesla will release its first financial report after the price war in the US stock market, will it surprise or shock the market? What investors are most concerned about?

On the platform Say, where investors and companies can interact and communicate, retail and institutional investors have already asked Tesla questions in advance, hoping to get answers from Tesla executives.

Among them, questions about the new Tesla pickup truck, the impact of price cuts on gross margins, Tesla Energy, and battery-related issues are very popular.

Specifically, questions that have received high praise among retail investors include:

1. Can you provide the latest features, pricing, and production-related information for Tesla?

2. Does Tesla still believe that the scale of Tesla Energy will exceed that of the automotive department? Can you provide more forward-looking guidance for the Tesla Megapack energy storage project and the entire energy department?

3. Can the Tesla 4680 battery meet the expectations of Battery Day? How far is it from achieving the goal of the 4680 battery?

In addition, retail investors are also concerned about "whether small retail investors can participate in the SpaceX IPO in advance."

For institutional investors, the questions raised are naturally more professional and sharper:

1. If further price cuts are needed to achieve the annual delivery target of 1.8 million vehicles, can Tesla still maintain a gross margin of 20%?

2. When will the milestone of substantial deferred revenue brought by Tesla's FSD autonomous driving system be reached?

3. Can the headwind caused by the 4680 battery on gross margin be quantified? When is this situation expected to ease?

In short, gross margin is still the top priority for Wall Street analysts, and they even tried to quantify the impact of price cuts early on.

Evercore ISI analysts said earlier this month that if the average US price cut of $2,000 for Tesla is taken as the global average price cut of $1,000, half of which is offset by cost improvements, then it is equivalent to Tesla's gross profit being reduced by $500, which is about 100 basis points of gross margin pressure. Therefore, it can be inferred that Tesla's gross margin in the second and third quarters is roughly around 19%.

Banks such as JPMorgan have also been worried about the impact of price cuts on Tesla's profitability, and have said that price cuts are generally negative for Tesla, indicating a slowdown in demand, which is also a worrying point.