As Tesla prepares to report its latest quarterly earnings this Wednesday, the atmosphere among retail investors is electric. Through the Say.com platform, shareholders representing over 1.4 million shares have voiced their top priorities, signaling that the community is looking for a roadmap that extends far beyond vehicle deliveries.
The Big Question: SpaceX Loyalty
The most upvoted question this quarter doesn’t actually concern a Tesla vehicle. Instead, it’s about SpaceX. Long-term Tesla bulls are looking for a “loyalty reward” if Elon Musk’s aerospace giant eventually goes public.
- The Valuation Gap: SpaceX is currently targeting a valuation of $1.5 trillion, nearly doubling its previous $800 billion mark and rivaling Tesla’s own market cap.
- The “Directed Share” Hope: Investors are asking if Tesla shareholders will receive priority access to a SpaceX IPO. While Musk has hinted that “loyalty deserves loyalty,” the logistics of a directed share program remain a primary point of curiosity.
Robotaxis and the “Cybercab” Era
Tesla’s pivot from a traditional automaker to an AI and robotics powerhouse is the core of this year’s strategy. With autonomous vehicles already operating without safety monitors in Austin and the San Francisco Bay Area, investors want to know how the service scales.
Key Autonomy Milestones:
- Cybercab Launch: Production is slated to begin in April 2026. This vehicle is designed without pedals or a steering wheel, targeting a $25,000 price point.
- FSD Transition: Tesla is moving toward a subscription-only model for Full Self-Driving (FSD) at $99/month. Musk has hinted at a “massive value jump” once “Unsupervised FSD” is officially released.
Optimus: The Roadmap to Mass Production
The Optimus humanoid robot is already performing simple tasks within Tesla factories, but the path to a consumer product remains a steep climb. Investors are looking for clarity on the supply chain and production bottlenecks.
| Milestone | Expected Timeline |
|---|---|
| Next-Gen Optimus Demo | Current Quarter (Q1 2026) |
| Volume Production Start | Late 2026 |
| Consumer Availability | End of 2027 |
“With a humanoid robot, there is no supply chain,” Musk previously noted, emphasizing that Tesla is essentially building this industry from the ground up.
The EV Reality Check
While the future is robotic, Tesla’s current revenue still depends on EV sales, which faced headwinds in 2025. Specifically, the Cybertruck has seen a significant cooling in demand after its initial launch phase.
Cybertruck Delivery Comparison:
- 2024 Deliveries: 38,965 units
- 2025 Deliveries: 20,237 units
- Year-over-Year Change: -48%
To combat declining sales, investors are pushing for more affordable models. While the Model 3 and Model Y remain the volume drivers, the market is waiting to see if Tesla can successfully launch a $25,000 vehicle—with or without a steering wheel—to capture the next wave of EV adoption.