Tesla Earnings: 6 Key Metrics You Should See
(NASDAQ: TSLA) stock declined 6% in after-hours trading on Wednesday following the electric-vehicle (EV) pioneer's release of its fourth-quarter 2023 report.
The stock's decline is largely attributable to the quarter's revenue and earnings both missing Wall Street's consensus estimates -- though neither by that much -- along with the auto segment's profitability moving lower year over year. Also, the company warned that its vehicle volume growth rate may notably slow in 2024.
The following is an overview of Tesla's Q4 2023, centered on six key metrics.
Source Fool.com
Tesla Inc Stock
€227.20
3.440%
Currently there is a rather positive sentiment for Tesla Inc with 70 Buy predictions and 27 Sell predictions.
As a result the target price of 247 € shows a slightly positive potential of 8.71% compared to the current price of 227.2 € for Tesla Inc.
