Reported 1 day ago
Tesla is set to announce its Q4 earnings soon, with investors eager for a catalyst following the stock's rise in 2024 linked to Donald Trump's election win. Expected revenue is around $27.21 billion, but delivery numbers fell short of expectations, indicating possible issues with competition and demand. Despite plans for lower-priced EVs to regain a 50% growth rate, concerns persist over regulatory hurdles and potential impacts from the Trump administration on EV incentives. The recent launch of an updated Model Y aims to invigorate sales amidst mixed reactions regarding the controversial Cybertruck.
Source: YAHOO