Major US EVs $Tesla (TSLA.US)$It is scheduled to announce 2023Q4 financial results after closing on 1/24 EST.
According to market consensus, Tesla's fourth quarter sales compared to the same period last year$25.764 billion, up 5.95%, EPS compared to the same period last year$0.62, down 42.11%It is expected.
Sales of 2023Q3 and Tesla were 23.35 billion dollars, up 9% from the same period last year, and EPS was 0.53 dollars, down 44% from the same period last year.
In 2023, investors' “enthusiasm for artificial intelligence (AI)” and “expectations for interest rate cuts from Western central banks”, etc. led 7 US high-tech companies called “M7,” including Tesla, to a 3-digit rise. While the “M7” continues to approach or update the highest value in history, only Tesla is slightly weak. Even if Tesla's stock price achieves a 112% growth rate in 2023, the current stock price is 48% or more below the all-time high.
“Increasing the number of cars delivered at the expense of gross profit” can be said to be Tesla's strategy in 2023. In the first half of 2023, the strategy paid off, and the number of Tesla car deliveries recorded a record high for 2 consecutive quarters. However, in the third quarter, Tesla's price reduction strategy...