Tesla Stock Falls As Earnings Come In Short Of Expectations

8xbet1Liên kết đăng nhập
Brandon Bell / Staff / Getty Images

Key Takeaways

  • Tesla fell short of analysts' expectations in revenue, diluted earnings per share and income.
  • The company reported operating net income of $2.06 billion, diluted EPS of 71 cents per diluted and revenue of $25.17 billion.
  • The EV-maker has been slashing prices to garner more sales volume, squeezing margins.
  • Tesla shares were down 3% in after-hours trading.
Tesla Inc.'s (TSLA) fourth-quarter earnings fell short of analysts' expectations as repeated price reductions squeezed margins. Tesla shares were down about 3% in after-hours trading following the quarterly report from the electric vehicle maker.
Tesla reported operating income of $2.06 billion, down 47% from a year ago and below the $2.23 billion expected by analysts. Diluted earnings per share came in at 71 cents, also below the consensus view compiled by Visible Alpha.

Fourth quarter revenue was up 3% from a year ago at $25.17 billion but came in slightly worse than analysts had expected.

  Q4 2023 Analyst Estimates for Q4 2023 Q4 2022 Year-over-year % change
Revenue  $25.17 billion  $25.88 billion  $24.31 billion  3%
Operating Earnings Per Share (diluted) $0.71  $0.78  $1.19 -40% 
Operating Income $2.06 billion  $2.23 billion  $3.9 billion -47%

Key Metric

Tesla CEO Elon Musk's strategy of price cuts to boost sales volume has put pressure on the company's margins. With fourth-quarter deliveries of 484,507, Tesla met its annual target, but that target had been reduced from a prior 2 million.

For the quarter ended in December, Tesla reported an operating margin of 8.2%, nearly half of the 16% the company reported over the same period in 2022.

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Tesla. ""
Take the Next Step to Invest
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
m88bet mu88 casino fun88 wtf qh88 m88 cá cược trực tuyến