Tesla (TSLA) reported fourth-quarter results Here are the key points:
Tesla will post its financial results for the fourth quarter and full year ended December 31, 2022 after market close on Wednesday, January 25, 2023. At that time, Tesla will issue a brief advisory
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.
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
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.