🎁What the Tigers Say | Tesla Earnings! Head to $200 or Rebound?

Tesla has seen a continuous decline, dropping 15% YTD. All eyes are on Tesla's earnings on January 24, anticipating potential further declines or rebounds.

How do you expect $Tesla Motors(TSLA)$'s earnings?

Below are some insights from Tiger @nerdbull1669, @JC888 and @charliecddouglas. Which opinions do you agree with？

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @nerdbull1669: Tesla (TSLA) Implied Straddle Suggest Positive Price Effect Post Earnings

Key Points:

• Market analysts have been slightly bearish for this upcoming quarter reporting, consensus EPS estimate is at $0.73 per share. This has been revised -1.4% lower from November 2023.

• Key metric for Tesla EV production/delivery numbers stands at 484,000 EVs and produced nearly 495,000 throughout the period, representing a quarterly record. On an annual basis, Tesla produced over 1.85 million EVs throughout 2023 and delivered roughly 1.81 million, above the target of 1.8 million set previously.

• If we could see Tesla beat EPS and revenue estimate, we could be seeing positive price effect.

2. @JC888: AI Sees Tesla @ $236 by Dec 2024. Buy Now / Cry Later?

Key Points:

• Meaning, this pattern might:

  • Reverse and bring gains to this stock. OR

  • Continue downwards, beneath its support level.

• The latest bitch-fit saw Mr musk’s greedy grab for additional +12% of Tesla’s shares.

• This comes amidst a lawsuit brought about by shareholder against Tesla’s Board of Directors for granting an outsized $56 Billion compensation package that did not require him to work at the EV maker full-time.

• This power struggle will be at the expense of shareholders regardless what is the end game, that is how I see it.

• Suffice to say, all above happenings are detrimental to Tesla’s brand equity and serve as headwinds as Tesla gears up for its Q4 2023 earnings report, due out on Wed, 24 Jan 2024 after market closing.

3. @charliecddouglas: Tesla Earnings! Head to $200 or Rebound?

Key Points:

• Spilling the beans on January 2, Tesla spilled the tea that their fourth-quarter deliveries went above what Wall Street expected. The global EV giant managed to break sales records and meet their full-year targets. Despite this good news, analyst reactions were a bit muted, with all eyes on the year-end earnings and potential profit challenges in 2024.

• Tesla had a record-breaking Q4, delivering 461,538 Model 3/Y vehicles and 22,969 of "other models," showing off their diverse product lineup. The previous record was in Q2 with 466,140 units, and in Q3, TSLA delivered 435,059 units.

• With Tesla gearing up to spill the tea on full-year and fourth-quarter earnings on January 24, Wall Street is predicting a 39% drop in EPS to 73 cents and a 5% bump in revenue to $25.61 billion for Q4. Analysts are also foreseeing a 25% dip in 2023 earnings to $3.07 per share, with sales hitting $97.46 billion, a 20% rise from 2022.

• Looking ahead to 2024, it seems Wall Street is expecting earnings to stay below 2022 levels, sparking questions about where Tesla is headed.

Questions for you:

How do you expect Tesla's earnings?

What is your target price for Tesla?

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⏰Duration

• 31 Jan (24pm EDT)