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Tesla Q4 2023 Earnings: The Plunge in Auto Margins Halts and a Tentative Recovery Begins

NewsTech

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Tesla Earnings

Tesla has now announced its earnings for the fourth quarter of 2023, broadly missing consensus estimates for key financial metrics. Before delving straight into Tesla's financial performance for Q4 2023, do go over Wall Street's consensus expectations for key metrics summarized in the above chart. Tesla (NASDAQ: TSLA) Q4 2023 Earnings Tesla has reported $25.167 billion in revenue for the third quarter of 2023, missing consensus expectations of $25.722 billion (as per Tesla's IR-compiled consensus estimate). The following snippet summarizes the EV giant’s production activities during the quarter: Typically, the fourth quarter is the strongest sales period for Tesla, and […]

Read full article at https://wccftech.com/tesla-q4-2023-earnings-the-plunge-in-auto-margins-halts-and-a-tentative-recovery-begins/

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