Tesla has recently seen a significant decline, mainly due to a plethora of bearish news in the short term. Whenever it seems that the stock price is poised to rebound, another bearish piece of news emerges, causing the recent stock price drop to be unstoppable. Tesla will release its Q4 financial report on January 24, 2024. Let's analyze the consensus expectations of Wall Street for Tesla and some fundamental summaries.
Q4 financial report market consensus expectations
The market expects Q4 total revenue to be $25.572 billion, a 5.16% year-on-year increase.
Among them:
Automotive: 21.702 billion, up 1.86% year on year.
Energy Storage: 1.688 billion, up 28.89% year on year.
Services and Other: 2.2 billion, up 29.89% year on year.
COGS higher than total revenue growth, mainly due to price declines resulting in lower profits.
Average Selling Price is 0.0439 million US dollars, -16% year-on-year
Gross margin is 46.87 billion, -18% year-on-year
Gross margin is 18.56%, -5.19% year-on-year
Total EBITDA is 3.676 billion, -25.34% year-on-year
Net income 2.264 billion, -38.56% year-on-year.
EPS: 0.63, -41.31% year-on-year.
Annually:
Revenue 97.409 billion, a year-on-year increase of 19%.
Net income is 9.382 billion, -25.27% year-on-year.
EPS is 2.67, -41.37% year-on-year.
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