There was a stark difference in tone on Tesla's third-quarter earnings call compared to the company's second-quarter call.
, maybe call it a 5x increase in the value of the company," Musk said."Maybe a 10x. Where things go along the way, the trials and tribulations and the mood of the markets, one cannot predict."
. Beyond informing investors that the Cybertruck — which will begin deliveries in November — will take 12 to 18 months to become a"significant positive cashflow contributor," Musk's July confidence in the company's long-term strength seemed mostly depleted. "I keep harping on this interest thing, but I mean, it just raises the cost of the car," Musk said, citing an internal report which found that, even after price cuts, the monthly price of the Model Y after inflation was almost unchanged.
"People hesitate to buy a new car if there's uncertainty in the economy," Musk said, seemingly answering the
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