In the fourth quarter, Tesla produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.

Tesla (TSLA) stock continue the slide for the seventh consecutive trading session hitting the lowest level since August 18, 2020. Sell-off in the technology sector continues and the Nasdaq index is 1.10%

Here are the latest upgrade and downgrades for Tesla and also the target price for TSLA stock.

Tesla stock finished 0.93% higher at $222.20 after the announcement of the third-quarter financial results. The company reported earnings of $1.05 per share in line with expectations and the revenue came up to $21.45 billion slightly below the consensus.

Tesla shares are trading 8.42% lower at $242.58 after the production figures published yesterday by the company disappointed analysts and investors.