News & Analysis

Tesla announces Q4 2023 deliveries and confirms the date for earnings

3 January 2024 By Klavs Valters


Tesla Inc. (NASDAQ: TSLA) reported the latest delivery numbers for Q4 2023 on Tuesday.

World’s largest electric vehicle company produced around 495k cars during the quarter. Deliveries reached 484k.

The company produced a total of 1.85 million vehicles last year – up by 35% year-over-year.

Total deliveries reached 1.81 million – up by 38% vs. 2022.

Company overview

  • Founded: 1/7/2003
  • Headquarters: Austin, Texas, United States
  • Number of employees: 127,855 (2022)
  • Industry: Automotive, renewable energy, artificial intelligence
  • Key people: Elon Musk (CEO), Robyn Denholm (chair)

The stock was little changed on Tuesday, down by 0.02% at $248.42 a share.

Tesla will announced Q4 2023 financial results after the US market closing bell on 24/1/2024.

Stock performance

  • 1 month:+ 5.45%
  • 3 months: -1.26%
  • 6 months: -10.67%
  • 1 year: +101.67%

Tesla price targets

  • Morgan Stanley: $380
  • Wedbush: $350
  • Royal Bank of Canada: $300
  • Guggenheim: $132
  • Deutsche Bank: $260
  • Jefferies Financial Group: $210
  • HSBC: $146
  • Wells Fargo: $250
  • Citigroup: $255
  • Piper Sandler: $290
  • UBS Group: $266
  • JP Morgan: $135
  • Truist Financial: $243
  • Barclays: $260
  • Goldman Sachs: $275
  • TD Cowen: $200
  • Mizuho: $330

Tesla is the 8th largest company in the world with a market cap of $789.70 billion, according to CompaniesMarketCap.

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Sources: Tesla Inc., TradingView, MarketWatch, CompaniesMarketCap, Wikipedia, MarketBeat

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