What You Need to Know Ahead of Tesla’s Earnings

Date:

Key Takeaways

  • Tesla Inc. is to report earnings for the fourth quarter on Wednesday after market close, with analysts projecting revenue of around $25.88 billion, operating income near $2.23 billion, and earnings per share at 78 cents.
  • The electric vehicle (EV) maker reported record-high quarterly deliveries in the fourth quarter as average sales prices dropped, according to Kelley Blue Book estimates.
  • CEO Elon Musk could touch on cost-cutting measures to offset weak Cybertruck margins, increased labor costs, and losses from supply-chain disruptions.

Tesla Inc. (TSLA) is set to post fourth-quarter earnings on Wednesday, Jan. 24, at 5:30 p.m. ET after reporting record-high deliveries. Chief Executive Officer (CEO) Elon Musk could comment on how the electric vehicle (EV) pioneer will offset sale price cuts, increased labor costs, and losses from supply-chain disruptions.

Revenue is expected to be around $25.88 billion,…

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