Tesla electric doors face safety scrutiny, says Canaccord Genuity’s George Gianarikas

? (Anchor) 00:00.270

a very serious situation here a number of complaints to the national highway traffic safety administration how big of a deal is this for tesla it seems to have a cult following as a you know for vehicles and for owners the idea of this risk how big of a deal is it

George Gianarikas (Senior Analyst) 00:14.150

well look you know every accident is regrettable and tragic but i will say that number one what you pointed to there are emergency backup systems and there are ways to manually open the vehicles both the front and back door from what we gather from the company and also you know

George Gianarikas (Senior Analyst) 00:31.670

the company does have a very long track record of having incredibly high safety standards five stars from nitza highest ratings ever from euro end cap so all this obviously is a blemish and we'll have to more about what the story companies very much focus on safety and the

George Gianarikas (Senior Analyst) 00:48.470

teslas are the some of the safest vehicles in the world so you know stay tuned there i don't really expect this to have it material impact on says OK

? (Anchor) 00:55.990

not a material impact on sales but you do call it a blemish and remember that federal investigators are receiving a lot of different complaints at the same time tesla 's hoping to roll out driverless robo taxi in austin and kind of expand that service all over the place

? (Anchor) 01:08.750

throughout the country does it impact that at all the idea of this safety feature or excuse me the concern i should say and this feature in the tesla when it comes to the ability to completely roll out its robo taxi business in a driverless way

George Gianarikas (Senior Analyst) 01:21.730

we're incredibly bullish on the robo taxi market broadly and the thing about whether it's tesla robotaxis or waymo 's or others that are trying to get into this space they're pretty much gonna be all safer than humans you know humans generally aren't very good at driving and

George Gianarikas (Senior Analyst) 01:38.370

both tesla the waymo and others have the hopes of being not only better than humans but significantly better than humans at at the at over time and you know as a as a father of two daughters i can't wait for these vehicles to hit the road because you know they they promise to

George Gianarikas (Senior Analyst) 01:55.670

actually have my daughters come safe home at night so we're very incredibly bullish about autonomy and over time we expect them to be significantly better than humans

? (Anchor) 02:04.830

george i want to talk about i'm a great driver it's really all the other people you know on a serious i want to get back to the business of tesla for a second and talk to you about another safety issue related to elon musk but not to tesla you're looking at delivery numbers

? (Anchor) 02:18.160

obviously elon musk has become a larger than life figure you know world 's wealthiest person he's also gotten to politics some people have some some differing views on his his social views as well how does that impact the the deliveries numbers when it comes to tesla and if you

? (Anchor) 02:32.950

also weigh in the ending of the federal tax credit what are you looking at when we're talking about deliveries coming up

George Gianarikas (Senior Analyst) 02:38.790

it's a really great question so earlier this year i think it's indisputable that his politics likely had an impact on sales we're talking about the first and second quarter of twenty twenty five third quarter was incredible the best in the company 's history and what we're

George Gianarikas (Senior Analyst) 02:53.110

seeing so far in the fourth quarter according to our data is that there's been an impact on the roll off of the EV subsidies in the united states so we lowered our numbers a little bit last night from you know somewhere in the high four hundreds to four twenty seven and we

George Gianarikas (Senior Analyst) 03:08.430

expect there to be you know rebound in twenty twenty six and twenty twenty seven volumes but so far there is this impact from these EV subsidies rolling off in the US and other impacts in another geographies as well including china and europe you know but what we expect that

George Gianarikas (Senior Analyst) 03:22.670

happened in the united states is that it's supposed to be a much healthier market you know profitability should improve over time there are fewer players in the united states competing in the EV market so that's good for companies like tesla it's good for companies like rivian

George Gianarikas (Senior Analyst) 03:35.150

that have fully vertically integrated offerings that are more like smartphones wheels than just compliance driven vehicles that put batteries into old ice vehicles all right

? (Anchor) 03:44.350

have you seen this report i know you don't cover this company in particular but have you seen this report from the wall street journal about spacex debris putting some flights in danger just to be clear spacex is pushed back on this report and said that it was misleading from

? (Anchor) 03:56.510

the wall street journal but just the idea of the potential of spacex operations you know creating some type of safety hazard these handles potentially creating some type of safety hazard does it in any way impact again i want to ask you the robotaxi business the actual robotics

? (Anchor) 04:10.270

business and maybe make regulators think hey if we're just for a second maybe things that tesla aren't always as safe as they could be