Tesla Inc. (NASDAQ: TSLA) will be publishing fourth-quarter 2023 earnings today at 4:10 pm ET. The electric car maker further strengthened its foothold in the market last year, with the Cybertruck launch adding value to the brand.
Listen to Tesla’s Q4 2023 earnings call live and check real-time transcript
The company will be publishing fourth-quarter results today after the closing bell, amid expectations for a dip in earnings to $0.74 per share from $1.19 per share last year. Analysts see a modest increase in Q4 revenues to $25.62 billion.
In the third quarter, automotive sales grew 4% from last year, driving up total revenues by 9% to $23.35 billion. Among the other business segments, Energy Generation and Services expanded in double digits, while Automotive Leasing revenues declined 21%. Earnings per share, excluding one-off items, fell 37% to $0.66 in Q3.