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Tesla Q1 2024 Earnings Preview: Grab rewards by guessing the opening price!
Tesla is releasing its Q1 2024 earnings after the market closes on April 23.
Since its Q4 earnings release, shares of $Tesla (TSLA.US)$ have seen a decrease of 29%. ![]()
Overall earnings estimates have been revised lower since the company's last earnings release. How will the market react to the upcoming results? Make your guess now! ![]()
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Tesla (TSLA.US)$'s opening price at 9:30 AM ET April 24 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 8:00 AM ET Apr 24)
● Exclusive 300 points: For the writer of the top post on analyzing Tesla's earnings prospects.
● Limited Offer: Enjoy 3 months of Nasdaq TotalView level 2 data on us, forecast more stocks' opening price after earnings release more accurately! Claim here>>
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2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
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2023 booster : rolling through the air
102362254 : In Q1 2024, Tesla faced production hurdles but still made over 433,000 vehicles, delivering about 387,000 which is about 20% quarterly and 9% yearly decrease. Challenges included Model 3 production ramp-up and factory shutdowns due to the Red Sea conflict and a Gigafactory Berlin arson attack. Analysts expect a significant drop in earnings per share. Tesla's net income and cash flow will be revealed with its Q1 earnings.
My guess is Tesla will open between 140-160 on 24 April.
While vehicle deliveries and storage deployments matter, they don't fully indicate quarterly financial results. Long-term investors should focus on Tesla's growth potential in energy storage and autonomous driving, considering its strategic vision and technological advancements.
boyingwusui : It’s revenue projection just too bad
71054657 : Blind guess
Kunzhong Wang : Not optimistic about new energy
Daddy Dude : I believe TESLA will be 146.75 on opening bell
Tradehero : 140 to 160
72388185 : Below 140
HUNG-SO-LOW : Tesla is in a down spiral
loving Buffalo_1407 : I trust Tesla
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