know a lot of institutional ambassadors and i think you gotta you always have to take everything with a grain of salt but i think you have to understand the data points and absorb them as much as possible and just this morning gary black raised his tesla price target from NUMBER_TOKEN to NUMBER_TOKEN based on new NUMBER_TOKEN earnings per share of NUMBER_TOKEN dollars up from NUMBER_TOKEN previously reflecting faster global ed adoption higher average sale prices given strong ev demand and higher auto gross margins he's raised his NUMBER_TOKEN tesla deliveries to NUMBER_TOKEN million from NUMBER_TOKEN and NUMBER_TOKEN earnings per share to NUMBER_TOKEN dollars and NUMBER_TOKEN cents from NUMBER_TOKEN previously and right now the street is at NUMBER_TOKEN something to add with regard to average sale prices if we somehow get the ev tax credit back for tesla in NUMBER_TOKEN which yes maybe feels like a NUMBER_TOKEN NUMBER_TOKEN at this point it would definitely boost the tesla demand and maybe force their hand to continue to raise the average sale price even more anywhere from three to six thousand dollars which is basically pure profit and something really fun to talk about that i would love to hear somebody ask elon on the call if you think about tesla's profit and their cash they already have a very strong cash balance it'll fluctuate between NUMBER_TOKEN and NUMBER_TOKEN billion let's say quarter four they end up profiting about NUMBER_TOKEN billion annualize that that's roughly you know NUMBER_TOKEN to NUMBER_TOKEN billion per year with fluctuations and then you look into NUMBER_TOKEN and the numbers get even higher so very soon here like i said in the next two to four years tesla could have over NUMBER_TOKEN billion dollars give or take in cash so the question becomes what are they going to do with that yes they'll scale and they'll ramp in NUMBER_TOKENs and there's going to be costs and unexpected headwinds but i wanted to start the conversation what should they be spending that excess cash on what's your opinion from lucid they are going to push missing advanced driver assist system features two air sedans via an ota update peter rollinson sent an email to the dream edition owners saying their cars will start getting missing eight ass features this month many features are in the final stages of testing and are planned to be included in that ota update in january the email included a list of features that are already active on these vehicles so you can have a list here and there was another list of what should be included in the update or these are actually the missing features that were supposed to already be delivered and one major one that sticks out to me is automatic emergency braking you would think that's one that you want to have delivered right away and one of the most anticipated eight ass features for lucid the highway assist is not supposed to be among those in this next ota update and peter has said that it is planned for NUMBER_TOKEN along with some other features the last thing for today taking a closer look at gm's deliveries have a look at this gm had NUMBER_TOKEN NUMBER_TOKEN vehicles in dealer inventory including in transit up NUMBER_TOKEN percent at the end of quarter four compared to the levels in the third quarter so i've always felt like more and more that these legacies get to blame everything all of the lower sales on the chip shortage and yes to some degree it's absolutely a fair complaint however with the dealer inventories up NUMBER_TOKEN from quarter four over quarter three clearly gm is still able to make cars and provide them to the dealers it's just they're now accumulating on
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