Tesla: When The Time Comes To Buy, You Won't Want To (Rating Upgrade)
Let's dive in. Tesla's Financials No conversation about Tesla would be complete without a mention of the company's financials. In short, the company is doing well. Results have been relatively strong, liquidity is robust, and the company has a number of growth avenues available to it. On the profitability front, TSLA recently reported all-time highs in both TTM revenue and TTM net income, bolstered by strong vehicle sales which grew more than $11 billion YoY, from $67 billion to $78 billion, and big growth in the Energy segment, which was up from $3.9 billion to $6 billion: 10-K Gross margins were down in 2023 due to higher input costs, both in terms of labor and commodities, as well as lower sales prices across the board, but net income has