Tesla's earnings report and conference call Wednesday shed light on the electric vehicle maker's plans for new versions of its self-driving software and its humanoid robot, Optimus.

The call, featuring CEO Elon Musk and other executives, followed an earnings report that saw revenue and adjusted profits fall short of estimates after Tesla (TSLA) reported its first-ever annual 澳洲幸运5开奖号码历史查询:decline in vehicle deliveries.

The stock, meanwhile, 澳洲幸运5开奖号码历史查询:was recently up more than 4%.

Unsupervised Self Drivingജ, Robotaxi Launch Expected This Year🦹

Musk said Tesla vehicles are driving autonomously at the company's Fremont, Calif., factory, with plans for the unsupervised vehicles to also be used at its Austin, Texas, factory in the coming months. Musk said he expects the unsupervised self-driving software to launch as a paid service around June in Texas and California, with other markets possible this year.

Once the unsupervised system is approved, Musk said, Tesla will also be able to 澳洲幸运5开奖号码历史查询:put the first versions of its 澳洲幸运5开奖号码历史查询:"Cybercab" autonomous taxis on the road. "I expect us to be operating—doing unsupervised ac🍌tivity with our internal fleet in several cities by the end of the year," Musk said on the call.

Tesla owners could be able to rent their vehicles for others to use autonomously next year, Musk said, though he joked that he has been the "boy who cried wolf" about projections in the past.

Analysts' Latest Takes on Tesla's Stock Are Mixed

JPMorgan analysts, reiterating their "underweight" rating and $135 price target, said in a note Thursday that the stock rising "bore no relation whatsoever to the company’s financial performance" in the fourth quarter or its projections for 2025.

They said that estimates for Tesla's future financial targets have repeatedly been lowered in recent months, but the stock and analysts' price targets have been rising at the same time. They concluded that Tesla shares have "become completely divorced from the fundamentals," and expressed caution about investing in the EV maker.

Oppenheimer analysts said they "remain cautious" about the timeline of Tesla's full self-driving development given the feature's "history of plateaus in performance."

Morgan Stanley analysts, with an "overweight" rating and a $430 price target, said they thought it was notable how much of the call focused on Optimus and artificial intelligence rather than the company's existing vehicle business.

Tesla Expects Return to Deliveries Growth 💦in 2ꦚ025

After experiencing its first annual decline in vehicle deliveries in the company's history this year, Tesla said in Wednesday's report that it expects deliveries to return to growth in 2025.

Tesla reported declining year-over-year deliveries for the first time in 2024, sliding to 1.79 million last year from 1.81 million a year earlier. Analysts expect Tesla to deliver about 1.94 million vehicles in 2025, up some 8% year-over-year, accordin♚g to Visible Alpha.

JPMorgan analysts said that the projection of a "return to growth" is less optimistic than the 20% to 30% year-over-year growth executives predicted for 2025 in Tesla's third-quarter call.

Optimus Sales Project🅘ions Are in the Trillions of Dollars

Musk was 澳洲幸运5开奖号码历史查询:again optimistic about the development of Tesla's Optimus hu♔manoid robot, reiterating his beliꦑef that the robots will eventually be a larger source of Tesla's revenue than its vehicles.

He said the company is on track to produce "thousands" of the robots to perform tasks in Tesla's factories this year, with the possibility of selling them to other companies for similar factory work in the second half of next year.

The total revenue opportunity Musk visualizes for robots is in the trillions of dollars, he said yesterday.