As noted earlier, with all eyes on Tesla when the company reports Q4 earnings and updates its shareholders on numerous new developments as the stock continues slumping to start 2024, here is what the street expects from Q4. Tesla is anticipated to announce a revenue of $25.87 billion, marking a 6.4% increase from the previous year. Analysts are looking for EPS of $0.73, amounting to an adjusted net income of $2.61 billion, a 36.4% decrease from the same period last year.
As Bloomberg noted yesterday, the company's margins are going to be an obvious focus as Tesla continues to slash prices in order to help move volume. For Q4, Tesla announced it had 'produced approximately 495,000 vehicles and delivered over 484,000 vehicles', putting up numbers in line with adjusted estimates for the quarter. Production beat estimates of about 482,336, per Bloomberg's estimates. The company noted that its full year vehicle delivery number was up 38% to 1.81 million, slightly less than recently revised expectations for the yea
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