News & Analysis

Tesla announces Q4 2023 deliveries and confirms the date for earnings

3 January 2024 By Klavs Valters

Share

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.

You can trade Tesla Inc. (NASDAQ: TSLA) and many other stocks from the NYSE, NASDAQ, HKEX and ASX with GO Markets as a Share CFD.

GO Markets now offers pre-market and after-market trading on popular US Share CFDs.

Trade the pre-market session: 4:00am to 9:30am, normal session, and after-market session: 4:00pm to 8:00pm, Eastern Standard Time.

Excludes Fridays; please see specifications section on platform for further details.

Why trade during extended hours?

  • Volatility never sleeps. Trade over earnings releases as they happen outside of main trading hours
  • Reduce your risk and hedge your existing positions ahead of a new trading day
  • Extended trading hours on popular US stocks means extended opportunities

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

Ready to start trading?

Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.