Tesla Q1 2020 Earnings Call
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Tesla's first earnings call during the COVID pandemic. The Shanghai Gigafactory had just reopened and was ramping faster than Fremont. Musk discussed Model Y production start, FSD progress, and the Cybertruck timeline. He also made headlines by declaring California's lockdown orders 'fascist' and announcing he was moving Tesla HQ to Texas — statements made live on the earnings call that generated as much coverage as the financial results.
Topics
Memorable moments
Calls California lockdown orders 'fascist' on a public earnings call and says Tesla will move its HQ to Texas or Nevada — which later happened.
Reports Shanghai factory running above capacity after reopening from COVID shutdown — framing China's faster restart as a competitive advantage.
Predicts Tesla will deliver a half-million cars in 2020 — later revised down due to COVID disruptions but ultimately exceeded.
