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Wall Street Ignores Tesla Top Line Miss, Focuses On Forecast

August 23, 2023
in Trade Tube
Reading Time: 1 min read
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Tesla posted Q4 earnings of $0.33 cents a share on revenue of $615 million. Analysts were looking for earnings of $0.21 cents on sales of $677 million. During the final quarter of the year, Tesla says it delivered 6,900 Model S cars and CEO Elon Musk also says he expects Tesla to deliver 35,000 Model S Vehicles in 2014, a 55% year-over-year increase. The guidance is turbo-charging the stock in after hours trading. Tesla shares were up 12% at last check after falling 5% in the regular session. TheStreet’s Gregg Greenberg has details from Wall Street.

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