Elon Musk, the CEO of Tesla, is known for breaking his own rules, especially when it comes to making announcements during earnings calls. In the past, Musk has been combative with Wall Street analysts and has prioritized taking questions from retail investors over analysts. However, in 2021, Musk announced that he would no longer be the default during earnings calls, but he ended up attending virtually all of them.
Musk has also made it clear that Tesla earnings calls are not a place for product announcements. However, in a surprising move, Tesla has announced that it will hold a live company update along with its earnings report. This is the first time Tesla has done something like this, indicating a shift in strategy for the company.
This move comes at a time when Tesla is facing a significant crisis. The company experienced declining sales in 2024, and the decline has accelerated in 2025 due to boycotts and protests over Musk’s involvement in politics. Tesla’s stock has also taken a hit, down 40% year-to-date.
With Tesla delivering fewer vehicles in Q1 2025 compared to last year, the automaker is expected to have a tough quarter. Musk may use the company update to clarify Tesla’s plans for more affordable EVs, but it’s unlikely if they are not ready for production.
Instead, Musk is likely to focus on self-driving technology and robotics, areas he has repeatedly emphasized as crucial for Tesla’s future success. He may provide more detailed plans for the launch of an unsupervised self-driving ride-hailing fleet in Austin and unveil the latest generation of Tesla’s humanoid robot, Optimus.
Additionally, Musk may announce a proposal for Tesla to invest in xAi and integrate Grok into Tesla vehicles and robots. These announcements could help boost investor confidence and counteract the negative impact of declining earnings.
Overall, Tesla’s decision to hold a company update alongside its earnings report indicates a sense of desperation to turn things around amidst a brand crisis. It remains to be seen whether Musk’s announcements will be enough to sway investor sentiment and prevent further declines in Tesla’s stock price.
