TSLA stock

2023 - 1 - 25

Tesla reports record revenue and beats on earnings (CNBC)

Tesla just reported fourth-quarter earnings for 2022 including revenue of $24.32 billion, and earnings per share of $1.19. Automotive revenue amounted to ...

The cost of revenue for its energy division was high, though, at $1.15 billion in the fourth quarter. Tesla also said that approximately 400,000 customers in North America now have the ability to test out its experimental, "FSD Beta" driver assistance system. Factories in Austin, Texas and near Berlin, Germany, each have capacity to make 250,000 Model Y vehicles annually, the company says. [I have one of] the most interactive accounts, social media accounts, maybe in the world, certainly on Twitter, and that actually predated the acquisition. Automotive gross margins came in at 25.9%, the lowest figure in the last five quarters. [cut prices](https://www.cnbc.com/2023/01/13/tesla-cuts-prices-in-us-and-europe-to-stoke-sales.html) on its cars around the world, upsetting customers in the U.S. Tesla reported automotive revenue of $21.3 billion in the fourth quarter, representing 33% growth year-over-year. and China who recently bought new Teslas at higher prices, and triggering an instant decline in used Tesla prices in the U.S. We're currently seeing orders of almost twice the rate of production." And I really encourage companies out there of all kinds automotive or otherwise to make more use of Twitter and to to use their Twitter accounts in ways that are interesting and informative, entertaining, and it will help drive sales just as it has with Tesla." Shares rose more than 5% after hours after CEO Elon Musk said the company might be able to produce 2 million cars this year. Here are the results.

Tesla Stock Rises On Earnings, Upcoming Vehicles; EV Giant ... (Investor's Business Daily)

Tesla stock rose late as earnings topped Q4 views and the EV giant teased upcoming vehicles. TSLA has soared from its Jan. 6 bear market low.

[bouncing in the week](https://www.investors.com/news/tesla-stock-extends-rally-china-ev-registrations-jump-following-price-cuts/) of Jan. Tesla stock has an 46 [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/stocks-to-buy-and-watch-ibd-composite-rating-top-growth-stocks/) out of 99. and Europe](https://www.investors.com/news/tesla-stock-tumbles-as-ev-giant-slash-u-s-european-prices/). The stock has an 5 Relative Strength Rating, an exclusive [IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx) gauge for share-price movement. [Auto Manufacturers industry group](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx). [hit a record 405,278 in the fourth quarter](https://www.investors.com/news/tesla-deliveries-hit-record-405278-in-q4-miss-views-despite-big-incentives/). Musk told investors Wednesday that so far in January, Tesla has "seen the strongest orders year-to-date than ever in our history." Tesla is planning to build a $3.5 billion manufacturing facility in Northern Nevada for Semi trucks, according to the Nevada Independent. And so these price changes really make a difference for the average consumer," Musk said. The deliveries also swelled 40% to 1,313,851 in 2022. The Model 3 sedan and Model Y crossover accounted for the vast majority of sales. Other reports say the Cybertruck will begin mass production in late 2023.

Is Tesla (TSLA) Still a Worthy Investment? (Yahoo Finance)

Distillate Capital, an investment management firm, released its fourth quarter 2022 investor letter, a copy of the same can be downloaded here.

Tesla Seeks Rapid Output Boost as Profit Beats Estimates (Bloomberg)

Tesla Inc. reported better-than expected profits in the latest quarter, even as it gave mixed signals on the outlook for growth in vehicle deliveries.

Tesla (TSLA) Earnings Preview: Q4 earnings call will hinge on ... (FXStreet)

A lot could go wrong with Tesla's (TSLA) fourth quarter earnings call after the markets close on Wednesday. The market seems to be in agreement with T.

The author makes no representations as to the accuracy, completeness, or suitability of this information. The author will not be held responsible for information that is found at the end of links posted on this page. Support can be found at $128.50, especially in the case of a poor call. The author has not received compensation for writing this article, other than from FXStreet. The firms provide voting advice to institutional shareholders and index funds. Musk stated under oath that he had been in talks with the Saudi sovereign wealth fund about taking Tesla private at $420 a share in 2018, adding that the price tag was only coincidentally the same as the number that references cannabis. "Musk needs to rip the band-aid off and lay a more realistic delivery target for 2023 so the Street will have confidence in this number," wrote Dan Ives of Wedbush Securities recently. Oppenheimer says that Tesla needs to keep vehicle gross margins in the mid-20s despite its recent price cuts. Tesla delivered more than 405,000 units in Q4 alone, a new record for the king of electric vehicles. Zhu is now in charge of Tesla's North America and Europe production and sales operations as well. Observers will be excited to see if the China-born Tom Zhu makes an appearance on Tesla's earnings call since some have predicted he will eventually become CEO of Tesla. A large number of predictions have been released of late, but one wonders how Musk's own prediction of a recession in 2023 will affect this delivery number.

Tesla (TSLA) Stock Navigates Volatility Ahead of Jan. 25 Earnings Call (Investorplace.com)

Tesla is about to report Q4 earnings. Here's why this is Elon Musk's big chance to give TSLA stock the growth catalyst it needs.

[pushed TSLA stock down](https://investorplace.com/2023/01/why-is-tesla-tsla-stock-down-3-today-2/) in the process. On the date of publication, Samuel O’Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. If the company wants to stay ahead in the EV race, it needs to show investors why 2023 will be a growth year. But with this type of volatility, it’s hard to predict where the stock will go. The electric vehicle (EV) leader is preparing for a very important earnings call, scheduled for Jan. [TSLA](https://investorplace.com/stock-quotes/tsla-stock-quote/)) stock is highly volatile today in anticipation of the company’s Q4 earnings call.

Tesla stock surges on optimistic sales, production outlook (Seeking Alpha)

Upbeat commentary from Elon Musk during the company's Q4 earnings call helped Tesla (TSLA) shares rebound sharply during Wednesday's extended session.

(TSLA)](/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ATSLA)By: [Kevin P. However, he cautioned that “volume production” is not likely to be realized until 2024. Musk later added that the company may have optionality to make “small price increases” during the year based upon robust demand. According to Musk, internal estimates peg the production rate for 2023 at around 2M vehicles. Curran](/user/56355736/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews), SA News Editor [147 Comments](#comments) However, his most impactful statements were likely those that pertained to production and sales outlooks for the full year.