Tesla earnings date 2023

Tesla stock rose late as earnings topped Q4 views and the EV giant teased upcoming vehicles. TSLA has soared from its Jan. 6 bear market low.

[bouncing in the week](https://www.investors.com/news/tesla-stock-extends-rally-china-ev-registrations-jump-following-price-cuts/) of Jan. Tesla stock has an 46 [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/stocks-to-buy-and-watch-ibd-composite-rating-top-growth-stocks/) out of 99. and Europe](https://www.investors.com/news/tesla-stock-tumbles-as-ev-giant-slash-u-s-european-prices/). The stock has an 5 Relative Strength Rating, an exclusive [IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx) gauge for share-price movement. [Auto Manufacturers industry group](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx). [hit a record 405,278 in the fourth quarter](https://www.investors.com/news/tesla-deliveries-hit-record-405278-in-q4-miss-views-despite-big-incentives/). Musk told investors Wednesday that so far in January, Tesla has "seen the strongest orders year-to-date than ever in our history." Tesla is planning to build a $3.5 billion manufacturing facility in Northern Nevada for Semi trucks, according to the Nevada Independent. And so these price changes really make a difference for the average consumer," Musk said. The deliveries also swelled 40% to 1,313,851 in 2022. The Model 3 sedan and Model Y crossover accounted for the vast majority of sales. Other reports say the Cybertruck will begin mass production in late 2023.

The latest earnings report poses “one of the most important moments in the history of Tesla,” according to one prominent analyst.

[testified](https://www.forbes.com/sites/dereksaul/2023/01/24/elon-musk-trial-tesla-ceo-says-i-thought-i-was-doing-the-right-thing-in-testimony-over-tweet/?sh=6d185ac56dc6) in San Francisco federal court for about nine hours this week as part of a civil lawsuit seeking billions in damages from Musk over his infamous 2018 tweet saying he secured funding to take Tesla private at $420 per share, causing shares of the company to gain 6% before falling dramatically. Tesla stock tanked as Musk offloaded [$22.9 billion](https://www.forbes.com/sites/dereksaul/2022/12/15/elon-musk-has-now-sold-229-billion-in-tesla-shares-since-buying-twitter-and-dragged-down-teslas-market-cap-by-700-billion-in-the-process/?sh=2a0f017268b6) worth of his shares in the company to finance his Twitter deal, though Musk [vowed](https://www.forbes.com/sites/nicholasreimann/2022/12/22/musk-promises-not-to-sell-more-tesla-stock-but-hes-broken-vow-before/?sh=63d8cc0d5266) in December to not sell any more Tesla stock for at least two more years. The credits, which Tesla sells to other automakers coming in below federal emission guidelines, are a That’s how much Tesla received in automotive regulatory credits, roughly 2% of all revenues. Tweet” and admitting to the struggles of balancing running the social media giant and Tesla, [writing](https://twitter.com/elonmusk/status/1618319479662055426), “It is not possible for me to fix every aspect of Twitter worldwide overnight, while still running Tesla and SpaceX, among other things.” [Tesla’s Brand Is Tanking, Survey Finds](https://www.forbes.com/sites/alanohnsman/2023/01/12/teslas-brand-is-tanking-survey-finds/?sh=6017f86b2b78) (Forbes) [Big Tech Stocks Lose $200 Billion After Microsoft Sets Off Earnings Recession Whistles](https://www.forbes.com/sites/dereksaul/2023/01/25/big-tech-stocks-lose-200-billion-after-microsoft-sets-off-earnings-recession-whistles/?sh=720851796eea) (Forbes) [Elon Musk Trial: Tesla CEO Says ‘I Thought I Was Doing The Right Thing' In Testimony Over Tweet](https://www.forbes.com/sites/dereksaul/2023/01/24/elon-musk-trial-tesla-ceo-says-i-thought-i-was-doing-the-right-thing-in-testimony-over-tweet/?sh=6d185ac56dc6) (Forbes) Tesla [slashed](https://www.wsj.com/articles/tesla-cuts-prices-across-models-sold-in-u-s-11673586100?mod=article_inline) prices on its cars by as much as 20% earlier this month in a surprise move that Morgan Stanley analysts called a “response to slowing incremental demand relative to incremental supply,” with the company previously reporting quarterly vehicle deliveries that [fell short](https://www.forbes.com/sites/alanohnsman/2023/01/02/tesla-posts-record-ev-deliveries-in-fourth-quarter--but-misses-expectations/?sh=553106f19795) of expectations. But Musk furthered his commitment to Twitter on Wednesday, changing his profile name on the site to “Mr. [key driver](https://www.forbes.com/sites/greatspeculations/2021/11/29/will-regulatory-credits-continue-to-bolster-teslas-profits/?sh=8dc0d9062d82) of the company’s profitability as Tesla can pocket nearly all of the sales. [broader tech selloff](https://www.forbes.com/sites/dereksaul/2023/01/25/big-tech-stocks-lose-200-billion-after-microsoft-sets-off-earnings-recession-whistles/?sh=720851796eea) following Microsoft’s bleak earnings report after Tuesday’s close. [decline](https://www.forbes.com/sites/alanohnsman/2023/01/12/teslas-brand-is-tanking-survey-finds/?sh=6017f86b2b78) of Tesla’s net favorability since Musk bought Twitter. Musk has served as Twitter CEO for the last three months, though he’s indicated he hopes to soon name a replacement.

Tesla posted its fourth quarter earnings Wednesday and despite TSLA stock taking a beating in the past year, Elon Musk says demand is remains high.

The company’s profit was 59% more than the same period a year ago. [A guide to Musklandia in the Austin area](https://www.usatoday.com/story/tech/2022/12/27/elon-musk-texas-twitter-tesla-spacex/10945241002/) [Musk sold nearly ](https://www.usatoday.com/story/money/business/2022/08/10/elon-musk-sells-7-billion-in-tesla-stock/10286820002/) [$7 billion worth of Tesla shares](https://www.usatoday.com/story/money/business/2022/08/10/elon-musk-sells-7-billion-in-tesla-stock/10286820002/) to get his finances in order ahead of his acquisition of Twitter, a move that frustrated investors. That beat estimates of $1.13 that had been reduced by analysts, according to FactSet. [Could it could recover in 2023?](https://www.usatoday.com/story/money/2022/12/28/tesla-stock-musk-shanghai-production/10958559002/) [on track for its worst year](https://www.usatoday.com/story/money/2022/12/28/tesla-stock-musk-shanghai-production/10958559002/), was facing doubts about its business after discouraging sales and a series of [price cuts for Tesla vehicles](https://www.usatoday.com/story/money/cars/2023/01/14/tesla-price-drop-model-y-electric-vehicle-tax-credits-sales/11054690002/) across the globe.

Tesla Inc. investors badly bruised by last year's 65% rout are looking for clarity from Wednesday's earnings report on demand for its electric vehicles, ...

Early this year, Tesla reported fourth-quarter deliveries that [fell well short](https://www.bloomberg.com/news/articles/2023-01-02/tesla-notches-record-delivering-405-278-cars-in-fourth-quarter) of expectations, then [slashed prices](https://www.bloomberg.com/news/articles/2023-01-13/tesla-slashes-prices-in-us-to-qualify-models-for-tax-credit) in the US and Europe. [Twitter Inc.](/quote/TWTR:US) in late October, then offloaded billions of dollars worth of Tesla stock in [November](https://www.bloomberg.com/news/articles/2022-11-09/musk-sells-3-95-billion-of-tesla-stock-after-twitter-takeover) and [December](https://www.bloomberg.com/news/articles/2022-12-15/elon-musk-sells-at-least-3-6-billion-of-tesla-shares).