This Week in Startups

TSLA earnings + Streaming: WeCrashed & Severance review, CNN+ demise, Netflix’s future | 1440

Apr 22, 2022
Lon Harris, a streaming industry analyst at Inside.com, joins the discussion to share insights on the current streaming landscape. He dives into the latest from the shows 'WeCrashed' and 'Severance,' highlighting their narrative impact and themes. Lon addresses Netflix's significant drop in subscribers and its shift towards an ad-based model while discussing the abrupt shutdown of CNN+. The conversation sheds light on the evolving viewing habits and challenges faced by streaming platforms in an increasingly competitive market.
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INSIGHT

Tesla's Blowout Quarter

  • Tesla's Q1 revenue was $18.7B, up 81% YoY, with a net income of $3.3B.
  • They delivered 310,000 cars, exceeding expectations despite supply chain issues.
INSIGHT

Tesla's Projected Growth

  • Elon Musk predicts 50% annual growth in vehicle deliveries over several years.
  • This implies Tesla could produce 2 million cars annually, rivaling major car manufacturers.
ANECDOTE

Elon's Return to Earnings Calls

  • Elon Musk returned to the earnings call after skipping some due to 'uninteresting' content.
  • He only participates when there's something 'interesting' to announce.
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