Tesla set to report fourth-quarter earnings after the bell
Publishing timestamp: 2024-01-24 12:00:01
Summary
Tesla is set to report its fourth-quarter earnings, with analysts expecting earnings per share of 74 cents and revenue of $25.6 billion. Despite facing challenges such as rising labor costs and regulatory probes, Tesla reported record deliveries in the fourth quarter of 2023. Shareholders are concerned about CEO Elon Musk's demand for more voting control and his focus on AI and robotics. Musk has already started building AI products outside of Tesla. Tesla shares have dropped 16% this year after a significant increase in 2023.
Sentiment: NEUTRAL
Keywords: breaking news: technology, business news, general motors co, climate, breaking news: earnings, technology, ford motor co, earnings, tesla inc, autos,
Source: https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html