Should You Invest in Tesla Stock After Its Earnings Debacle?
Electric vehicle (EV) manufacturer and "Magnificent Seven" member (NASDAQ: TSLA) reported Q4 and full-year 2023 earnings last week. Unfortunately for shareholders, the call didn't go so well.
Tesla CEO Elon Musk left investors shocked with some uninspiring commentary around the company's artificial intelligence (AI) projects. Moreover, growth in the core EV business is decelerating and Tesla's margins and cash flow are deteriorating.
With the stock down more than 10% since the earnings report, some investors may be wondering if now is an opportunity to buy the dip. Let's review the state of all things Tesla, and take a hard look at the company's financial and operating metrics. More importantly, after digesting Q4's earnings debacle, it'll be important to assess if the long-term picture is still intact.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 242 € there is a positive potential of 44.89% for Tesla Inc compared to the current price of 167.02 €.
