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Tesla (TSLA) is about to release Q3 2024 financial results on Wednesday, October 23, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results.

Here, we’ll look at what the street and retail investors expect for the quarterly results.

Tesla Q3 2024 deliveries

Elon Musk says that Tesla is now an AI/Robotics company, but its automotive business still drives its financials.

Earlier this month, Tesla disclosed its Q3 2024 vehicle production and deliveries:

  Production Deliveries Subject to operating lease accounting
Model 3/Y 443,668 439,975 3%
Other Models 26,128 22,915 1%
Total 469,796 462,890 3%

The deliveries were roughly in line with Wall Street’s expectations.

Now that energy storage is starting to contribute to Tesla’s revenue more meaningfully, the company has also started sharing deployment in its quarterly delivery and production numbers.

Tesla confirmed that it deployed 6.9 GWh of energy storage capacity in Q3 2024.

Tesla Q3 2024 revenue

For revenue, analysts generally have a pretty good idea of what to expect, thanks to the delivery numbers, and now the energy storage deployment data.

However, Tesla’s average price per vehicle is changing a lot these days due to frequent price cuts and discounts across many markets, which makes things more difficult.

The Wall Street consensus for this quarter is $25.468 billion, and Estimize, the financial estimate crowdsourcing website, predicts a slighty higher revenue of $25.541 billion.

Here are the predictions for Tesla’s revenue over the past two years, with Estimize predictions in blue, Wall Street consensus in gray, and actual results are in green:

Last quarter, Tesla achieved a significant $1 billion beat on revenue expectations.

Interestingly, the expectations are now roughly the same revenue as Tesla achieved last quarter despite Tesla delivering almost 20,000 additional vehicles.

The difference makers are likely the fact that Tesla deployed about 3 GWh less energy storage, which contributed $3 billion to revenue last quarter and the regulatory credit sales, which are hard to predict.

Tesla Q3 2024 earnings

Tesla always attempts to be marginally profitable every quarter as it invests most of its money into growth, and it has been successful in doing so over the last three years.

However, like revenues, it has been harder to estimate earnings over the last year with price cuts and subsidized loans digging into Tesla’s industry-leading gross margins.

For Q3 2024, the Wall Street consensus is a gain of $0.60 per share, which Estimize’s crowdsourced prediction.

Tesla had earnings of $0.66 per share during the same period last year.

Here are the earnings per share over the last two years, where Estimize predictions are in blue, Wall Street consensus is in gray, and actual results are in green:

Tesla has rarely beaten EPS estimates over the last year, and the difference maker is often Tesla’s regulatory credit sales.

Other expectations for the TSLA shareholder’s letter and analyst call

Beyond the financial results, Tesla always gives broader updates and answers shareholder questions in its shareholder letter and conference call with management following the release of the results.

Tesla gathers questions from shareholders from the “Say Technologies” website.

Here are the currently most upvoted questions, which are likely to be answered by management, and my comments on them:

Is Tesla still on track to deliver the more affordable model next year, as mentioned by Elon earlier, and how does it align with your AI and product roadmap?”

Musk’s general answer to product questions on earnings calls is “this is not the place for product announcements”, but the fact that the question also mentions Tesla’s AI shift could lead him to comment and clarify Tesla’s plans for vehicles with steering wheels.

When can we expect Tesla to give us the ~$25K, non-robotaxi, regular car model?

As we have previously reported, this vehicle program was canceled by Musk earlier this year and replaced by new vehicle programs based on Model 3 and Model Y that will be more expensive than $25,000, but less expensive than the current ~$40,000 versions of these vehicles.

What is Tesla doing to alleviate long waiting times on service centers ?

More of a consumer-related question, but not a bad one. Tesla is indeed having issues with unacceptable wait times at service centers in some regions. It has been a recurring problem for Tesla, but it became a bigger problem with the layoffs earlier this year.

If Musk gives again his answer of “the best service is no service”, people are going to start taking it with a different meaning.

What’s the plan for 2025?

This is literally the fourth most upvoted question.

When will Tesla incorporate X and Grok in all of the Tesla Vehicles?

And this is the fifth most upvoted one.

Tesla then takes questions from Wall Street analysts, who I hope will be questioning Musk’s all-in bet on self-driving and why Tesla can’t share any data about its FSD program to prove the progress it is claiming to be achieving, but I won’t hold my breath.

The focus will likely be on gross margins and how much they are affected by the subsidized interest rates and discounts.

Also, as the odds of Trump winning the elections are increasing, I expect some will look at the potential impact of his policies on Tesla’s very lucrative business of selling regulatory credits.

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MAN Trucks CEO: an electric semi will pay for itself in three years (*)

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MAN Trucks CEO: an electric semi will pay for itself in three years (*)

Alexander Vlaskamp, the outspoken CEO of MAN Trucks, claims that an electric semi truck can pay for itself in less than three years – but there are a few asterisks in that statement. We’ll try to unpack them all for you here.

MAN began series production of its eTruck electric semi in July on a flexible line capable of building up to 100 trucks per day with either diesel or battery-electric power. With production underway, the challenge now is selling the things. That means proving that the higher upfront cost pays off with a lower total cost of ownership (TCO), and the first stop on that train is incentives.

The good news is that, in the EU, incentives are plentiful. MAN says those programs, together with Europe’s much higher diesel prices compared to the US (about $6.80/gal compared to $3.70, as I type this), can help the eTruck pay for itself in as little as two and a half years.

And, if you’re not familiar with European incentives for electric semi trucks, hold on to your hats because they are wild:

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  • up to 80% of vehicle purchase price subsidy in Austria (ENIN)
  • in Belgium, there’s a subsidy for up to 32% of the price of the truck (up to 2 trucks per company)
  • in Ireland, government incentives cover 30–60% of the up-front cost difference versus a comparable diesel truck
  • Norway offers a similar 60% diesel cost difference incentive
  • etc., etc., ad nauseam

MAN’s customers can do that math easily enoughthe company says it already has 700 orders on the books already, and expects to hit 1,000 by year’s end. But that math only maths if those customers can actually access the electrons to replace all that diesel … and the charging infrastructure they’re going to need for all those trucks? That’s still a ways off.

“It’s all about the charging infrastructure, that’s the problem,” Vlaskamp told Börsen-Zeitung. “When it comes to investment in charging stations, Europe is lagging far behind … what’s needed now is the political will to reverse this trend,” adding, “We need to act quickly.”

Charging is key


MAN electric truck charging
Charging an eTruck; via Man Trucks.

Spanish-language site Motorpasión notes that red tape isn’t the only reason charging lags. Driving investment into new charging infrastructure is lagging, too – but MAN’s CEO thinks there’s a simple fix: take half of annual toll revenues generated by commercial trucks (around €7 billion in Germany, alone) and funnel it directly into DC fast charging.

In addition to the still deficient charging network, another obstacle is the cost of electricity for charging. Vlaskamp proposes a reduced price for commercial truckers, as has traditionally been the case with diesel. Currently, the average price is 45 to 50 cents per kWh, but says the ideal would be, “between €0.20 and €0.30/kWh.”

TL;DR: if charging was cheaper and easier to access and the government was willing to subsidize EVs as much as they’ve subsidized oil with the creating and ongoing support of a globalized military industrial complex, MAN Trucks’ CEO thinks plug-in semis would be a no-brainer.

Head on down to the comments and let us know if you agree.

SOURCE | IMAGES: MAN, via Börsen-Zeitung, Motorpasión.


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Celebrate Labor Day with these awesome (electric) work truck deals

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Celebrate Labor Day with these awesome (electric) work truck deals

It’s Labor Day weekend, which means big deals on car lots across America – especially if you’re shopping for a new electric vehicle to help with your labor. We’ve rounded up the best offers on electric pickups, vans, and even a great option for ride share drivers!

Sure, there’s a bit of irony in pitching “work vehicles” on a holiday meant for not working – but for many small business owners, work is part of who they are. And with the $7,500 federal EV tax credit set to expire, plus a wave of great Labor Day deals on work-ready EVs, now might be the best time yet to plug into a new electric ride.

Here are some of the standout electric vehicles offers we found this Labor Day weekend (2025), organized by vehicle type.

Electric pickup | F-150 Lightning


2023 Ford F-150 Lightning Is Cheaper To Lease Than Its ICE-Powered F-150 Sibling
F-150 Lightning; via Ford.

The “Ford for America,” summer sales event continues through Labor Day with interest-free 0% financing, $0 down payment, and zero payments for up to 90 days for retail customers. Ford is also throwing in $0 maintenance for 24 months.

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But wait, there’s more! Ford Authority is reporting that a complimentary home charger and standard installation might also be included as part of the Ford Power Promise promotion happening at participating dealers in select markets with the purchase of a new F-150 Lightning pickup through the end of September.

Lease customers aren’t being left out, either. You can lease a 2025 Ford F-150 Lightning XLT 4P 311A pickup at $399 per month for 36 months, with “just” $399 due at signing (basically your first month’s payment).

Electric van | Chevy Brightdrop


Chevrolet Brightdrop ZEVO; via GM.

The best electric vehicle deal in the business keeps on truckin’ into Labor Day weekend, with new 2025 Brightdrop models currently eligible for up to $21,500 in manufacturer rebates before any Federal, state, local utility, or even Costco membership incentives kick in.

For your money, you get a capable, Ultium-based electric cargo van with more room than your college dorm and a nationwide dealer network to keep it up and running when you need it most.

Electric van (hon. mention) | Mercedes eSprinter


2024 eSprinter; via Mercedes-Benz.

Despite being based on the company’s existing diesel platform, Mercedes’ eSprinter has proven itself a capable urban hauler in the hands of Amazon, DHL, and countless European tradespeople. Despite that, there are still a handful of leftover 2024 models hanging around dealer lots – enough that Mercedes is offering up to $30,000 (!) Customer Cash on any new ’24MY eSprinter purchased from dealer stock.

That discount is enough to bring the price of this 2024 eSprinter in Chicago from $87,823 all the way down to $57,823 this Labor Day weekend – and that’s before you factor in state and local utility incentives that can bring the price down even further.

As you can imagine, there’s some fine print on that Customer Cash deal. It can’t be combined with Special APR programs through Mercedes-Benz Financial Services (MBFS), but it can be combined with the Mercedes-Benz Commercial Vehicles Medium Fleet Program.

Ride share ride | VW ID.4


Volkswagen-ID.4-lease-deal
VW ID.4 AWD Pro S; via Volkswagen.

Ride share drivers looking for comfortable seats, room for five adults and their luggage, proven battery life, and lickety-quick charging speeds can stop looking. Volkswagen is offering a sweet ID.4 lease at nearly half the cost of an entry-level Jetta with payments starting at just $129/mo. – that’s despite the ID.4 carrying a significantly higher MSRP.

And, while we’re at it, it’s probably worth noting that serious road warriors will probably save more than $129/mo. in fuel alone.

If you prefer to own your vehicles after making payments on them for a few years, you can also get 0% interest financing on select ID.4s for up to 72 months. It’s important to note here that Volkswagen’s deals can vary wildly by region. That $129/mo. offer is available in California and a few other West Coast states, for example, but the electric crossover’s listed at $329 for 24 months with $4,499 due at signing in others.

Disclaimer: the vehicle models and financing deals above were sourced from CarsDirectCarEdge, and (where mentioned) the OEM websites – and were current as of 29AUG2025. These deals may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.

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Denver Public Library deploys novel solar and battery storage system

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Denver Public Library deploys novel solar and battery storage system

Sustainable construction experts McKinstry have teamed up with leading BESS developers Viridi and the Denver Public Library to deploy a first-of-its-kind solar and battery storage system that sets a new standard for fire safety.

The Denver Public Library sought a battery energy storage system (BESS) that could deliver cost savings without compromising safety for staff, visitors, or the architecturally significant, Michael Graves–designed structure itself. That required a battery backup solution that not only met the city’s fire safety standards, but also addressed public fears about the risk of lithium-ion battery fires.

That unique set of project priorities led the library to Viridi, makers of the RPSLinkEX battery solution that’s equipped with a unique, “passive Fail-Safe thermal management and anti-propagation technology” designed to prevent the sort of thermal runaway that leads to li-ion battery fires.

“Public facilities like the Denver Public Library are at the forefront of demonstrating that energy resilience and safety can go hand in hand,” said Jon M. Williams, CEO at Viridi. “This installation highlights how fail-safe battery storage can empower communities to maximize renewable energy, reduce costs, and maintain reliability – all without compromise.”

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Keeping it safe


Denver Public Library; by Michael Graves.
Denver Public Library; by Michael Graves.

Viridi doesn’t talk too much about how its passive Fail-Safe thermal management system works, but if you’re picturing heat-dissipating layers, fire-resistant insulation, and strategically-placed phase change materials (or PCMs) limiting the transfer of heat from one cell to another if it begins to overheat, you’ve probably cracked it.

These passive safety features enable safer deployment scenarios in occupied buildings or near critical infrastructure by reducing dependence on active fire suppression systems like sprinklers or fire extinguishers, and convinced the City of Denver to move forward with the project, which is the city’s first-ever solar + battery storage system.

“The entire McKinstry team is very excited about developing and constructing the first Solar + BESS project for the City and County of Denver,” said Jon Ensley, Sr. Construction Project Engineer at McKinstry. “We are appreciative of all our partners and stakeholders who helped to achieve this goal. We value Viridi’s expertise in deploying this technology and the whole team has been great to work with.”

McKinstry says this latest solar project sets, “a new benchmark for how cities can combine renewable energy and battery storage without compromising safety.” And, with solutions like the RPSLinkEX building systems that meet city planners and politicians where they are, instead of trying to educated them about the objective, proven safety of li-ion batteries, Viridi is helping communities adopt cleaner, more resilient clean energy solutions sooner rather than later.

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SOURCE | IMAGES: Viridi, via PV Magazine; Michael Graves.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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