Tesla's stock takes a hit after disappointing Q4 earnings and a caution on slower growth in 2024. Read more about Elon Musk's latest updates.
Tesla stock faced a significant drop following its Q4 earnings report that missed estimates and presented a bleak outlook for production growth ahead. CEO Elon Musk signaled concerns over slower sales growth in the coming year, impacting investor confidence. The electric vehicle maker faced challenges with profit margins and lower-than-expected earnings, leading to a notable dip in stock value.
Despite Musk's optimism about future growth waves, market sentiment soured as Tesla warned of potentially lower sales volumes and slower progress in 2024. The company's stock slid by as much as 11% amid uncertainties surrounding its performance and future projections. Investors expressed skepticism over Tesla's ability to maintain its growth trajectory amidst evolving market dynamics.
In the midst of these struggles, analysts criticized Tesla's unclear guidance and strategic shifts, pinpointing the challenges the company may encounter in 2024. The EV giant faced scrutiny as its annual profit declined for the first time since 2017, setting a cautionary tone for potential investors. Amidst the turbulent period, Tesla's stock value plummeted, highlighting the volatile nature of the market and the need for strategic reassessment.
As Tesla navigates through these obstacles, the spotlight remains on CEO Elon Musk and his leadership in steering the company towards sustainable growth. Investors closely monitor Tesla's performance and strategic decisions, anticipating the impact on the electric vehicle market and the company's overall trajectory in the upcoming year.
Tesla reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook that weighed on the stock, though CEO Elon Musk did ...
Tesla shares fell in premarket trading after the electric-vehicle maker warned of notably slower growth in 2024, and said its profit margin took a hit last ...
Tesla Inc. Chief Executive Officer Elon Musk said that he can see the next โmajor growth waveโ approaching, in the form of a new, low-cost car later next ...
Shares in Elon Musk's electric-car maker drop after earnings reflect concerns about slowing demand.
The EV maker posted a weak earnings report where it logged worse-than-expected profits and warned that sales could slow in 2024.
By Claudia Assis. Tesla misses Q4 earnings expectations, calls for possible 'notably lower' volume growth pace. Tesla Inc. entered its earnings day under a ...
On an adjusted basis, Tesla earned 71 cents per share in the fourth quarter, missing an average estimate from analysts at 73 cents on a 3% climb in revenue ...
Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. · The electric ...
Tesla shares fell sharply in pre-market trading Thursday after the maker of electric vehicles said it expects lower vehicle volume growth this year.
Tesla stock fell in after-hours trading on Wednesday 24 January after its Q4 results. Shares in the manufacturer are down 20% over one month.
Wall Street slashed 2024 profit projections Thursday as Tesla (TSLA) appears headed for a difficult 2024 after the EV giant and Chief Executive Elon Musk ...
Lowering fair value estimate on Tesla stock amid strategic shift to sport utility vehicle production.
Tesla stock dipped 9% premarket after the EV giant registered its first annual profit decline since 2017 and reported a double miss for Q4 earnings.
Shares in Elon Musk's electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.
Tesla stock (TSLA) fell as much as 8% early Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a ...
Shares of Tesla tumbled at the opening bell Thursday as the electric vehicle, solar panel and battery maker warned investors of slower sales growth this ...
The electric carmaker said vehicle volume growth in 2024 "may be notably lower" than the rate observed last year.
Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $71 billion off the company's market value hours after it warned of slowing ...
Tesla reported worse-than-expected fourth quarter earnings. Volume guidance for 2024 was vague. Shares are down and now Wall Street is weighing in.
Revenue and profits missed analyst expectations over the three months ending in December, according to the earnings report released on Wednesday. In all, the ...
For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla ...
Tesla's Q4 results signal broader challenges facing the EV market, but that doesn't necessarily mean that investors should give up on the stock.
Tesla's Q4 results signal broader challenges facing the EV market, but that doesn't necessarily mean that investors should give up on the stock.