Tesla, a Zacks Rank #4 stock, will report Q4 earnings after Wednesday’s close. Despite recent challenges, Tesla shares have quadrupled since late 2023 and are near all-time highs. Analysts expect EPS of $0.45 and revenue of ~$24.75 billion, with an implied post-market move of +/- $29.56 or 6.58%.
Investors are less focused on Tesla’s legacy EV business results due to pricing in sales slowdowns and expected interest rate decreases. Tesla is diversifying revenue streams beyond EVs through Tesla Energy, Robotaxi/FSD, and the upcoming humanoid robot “Optimus.”
Key earnings drivers for Tesla include Tesla Energy’s robust growth, the potential of the Robotaxi/FSD service, and the upcoming release of the Tesla Semi truck. Investors will watch closely for updates on these areas as Tesla aims to offset challenges in the EV market with innovative ventures.
Read more at Nasdaq: Tesla Q4 EPS Preview: Sluggish Sales & New Frontiers
