ClaimsElon Musk

“we do think that we can maintain a growth rate in excess of 50% per year for many years to come.”

Elon Musk, Tesla CEO, on earnings call 27 January 2021 Tesla Q4 2020 Earnings Call Transcript (Motley Fool) archived copy

Guidance Their own work or organisation

Tesla believes it can maintain a growth rate above 50% per year for many years.

Unresolvable The public record could not settle it.

Guidance: A company's own figures for its results over a period, checked against what it then reported.

Said for an organisation they lead or work for; it counts on both records.

Reasoning

'Many years' is vague and undefined as a horizon.

Cite this claim

Elon Musk, “Tesla believes it can maintain a growth rate above 50% per year for many years.” (said 27 January 2021). Verdict: unresolvable. Reliability API, claim c_3ef46f096d2e, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_3ef46f096d2e

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Elon Musk, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More guidance claims by Elon Musk

  1. Resolved false Guidance 27 January 2022
    “we do expect significant growth in 2022 over 2021, you know, comfortably above 50% growth in 2022.”

    Tesla expects growth in 2022 over 2021 comfortably above 50%.

  2. Resolved false Guidance 27 January 2022
    “it might grow by like 200% or 300% or something, you know, as opposed to sort of 50% or something.”

    If able to respond to demand, Tesla's energy business might grow by about 200% to 300% in 2022 rather than about 50%.

  3. Resolved false Guidance 27 January 2021
    “we've got a 100 gigawatt-hour total Tesla cells produced in 2022.”

    Tesla targets 100 gigawatt-hours of Tesla-produced cells in 2022.

  4. Resolved true Guidance 27 January 2021
    “I think this year, we may track to a fair bit about 50%, but we don't want to commit to that”

    Tesla may track to growth of a fair bit above 50% in 2021, though it does not commit to it.

  5. Resolved true Guidance 26 January 2023
    “And the 1.8 million cars, if we get lucky, it could be more.”

    Tesla expects to produce 1.8 million cars in 2023, possibly more if it gets lucky.

All of them

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