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Tesla is now accepting questions for Q2 2022 earnings Q&A

Credit: @Sentrymostwantd/Twitter

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Tesla is now accepting questions for its Q2 2022 earnings Q&A. The Tesla earnings call is scheduled for Wednesday, July 20, 2022, at 4:30 p.m. Central Standard Time. Tesla plans on releasing its Shareholder Deck when the market closes.

Questions

Tesla shareholders can submit questions and vote for questions through Say Technologies. Some of the top questions with the most votes so far are:

  • How is the 4680 ramp going and is Giga Texas producing cells yet?
  • When Will the Cybertruck be officially available?
  • Would you consider buying back shares if we can maintain profitability?
  • When is the Tesla stock split?
  • How does $TSLA plan to handle all the misinformation, attacks, and fake news against Tesla and Elon Musk? We have been dealing with this and it affects the stock.
  • How do you feel the progress of FSD is going and does Andrej Karpathy leaving have any significant impact on any timelines/potential progress?

 

My 2.5¢: Andrej Karpathy Leaving & Tesla’s Handling Of Misinformation.

Misinformation

I do think Tesla could contribute more to debunking the misinformation. Some think it needs to reinstate its PR team and others think it’s wise that Tesla disbanded its PR team.

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I’m very transparent about my support of Tesla and I think that YouTube and TikTok could be great at educating the millions of people on those apps about EVs and Tesla’s products. Tesla would do well to have a presence on TikTok. Although, given Elon Musk’s thoughts on TikTok I doubt that would happen.

The misinformation, I think, stems from the outright hatred of Elon Musk by some in the media and politics. And many customers and shareholders have fought the misinformation for years. It can be tiring. Any help from Tesla, I think, would definitely be appreciated.

Andrej Leaving

Yesterday, Andrej Karpathy announced that he was leaving Tesla. I shared my thoughts about it here but wanted to add to them. I mentioned being at AI Day and watching  Andrej’s presentation. Andrej wasn’t the only member of the team that gave a presentation.

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Tesla’s Director of Autopilot Software, Ashok Elluswamy also took part in presenting. He covered autonomous cars, planning and control, training data, auto labeling, simulation and so much more. And he wasn’t alone. Tesla has an entire team dedicated to artificial intelligence.

So I think that this is not the bad omen that some are fearing.

 

Disclaimer, Johnna owns less than a share of $tsla and plans to buy full shares again. 

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Have tips? You can email them to johnna@teslarati.com

Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Elon Musk

Brazil Supreme Court orders Elon Musk and X investigation closed

The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.

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Gage Skidmore, CC BY-SA 4.0 , via Wikimedia Commons

Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.

The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.

According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.

Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.

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Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.

The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.

Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.

These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.

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Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.

Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.

The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.

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Elon Musk

FCC chair criticizes Amazon over opposition to SpaceX satellite plan

Carr made the remarks in a post on social media platform X.

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Credit: @SecWar/X

U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.

Carr made the remarks in a post on social media platform X.

Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.

The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.

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Carr responded by pointing to Amazon’s own satellite deployment progress.

“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.

Amazon has declined to comment on the statement.

Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.

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Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.

SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.

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Energy

Tesla Energy gains UK license to sell electricity to homes and businesses

The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.

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Credit: Tesla Energy/X

Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.

The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.

According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.

The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.

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Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.

Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.

Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.

The new UK license arrives as Tesla continues expanding its global energy business.

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Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.

The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.

At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.

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