To The Moon

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters. The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans.

Tesla shares gained 0.9% as Ark Invest scoops up $35m of its stock.Tesla, Inc. shares have beenon a downward spiralthis year amid worries about the EV giant potentially missing first-quarter delivery

Tesla's Q4 results indicate that its era of fast sales growth is over. An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging probl

Tesla, Inc. recently reported Q4 earnings, sending shares lower.Growth is slowing down meaningfully — Tesla could experience negative growth in Q1.Margins are compressing — are you an optimist or a pessimist?Only time will tell. On the bright side, the Services and Other business produced a record Revenue of $2.2B, up 27% YoY, as Tesla's fleet continues to expand. Despite robust YoY growth, notice how Services and Other Revenue has remained flat for two quarters in a row — perhaps, the segment is facing some challenges of its own. Regardless, the segment should grow in 2024 as Tesla's Supercharger partnerships with legacy automakers go live in 2024. Author's Analysis Moving on to Tesla Energy, the segment generated $1.4B of Revenue in Q4, which is up 10% YoY, driven by energy storage deployments. As you can see, growth for the Energy Ge

Elon Musk believes that Tesla (TSLA) can reach a $4 trillion valuation if they “knock the ball out of the park” a few times.