Tesla Earnings Today: Stock Pops on Results; Elon Musk Says ...

So far, so good from the conference call.

Tesla stock moved higher, up about 11%, adding another $3 to $4 since the call began.

The company was asked early about the company's plans for an affordable vehicle, called the Model 2. The timeline is “as fast as possible,” Vehicle Engineering Vice President Lars Moravy said.

The first question dealt with the humanoid robot called Optimus and robotaxis. Both are essentially future products with big potential, but no one, including CEO Elon Musk, knows when they will be ready to generate significant sales.

In prepared remarks before the Q&A session, Musk reiterated his belief that the future of personal transportation is electric

Early questions come from retail investors. Those help inform institutional investors about what the former group prioritizes.

Retail investors are a significant cohort of Tesla stock owners, holding roughly 45% of the stock available to trade, according to Bloomberg.