Breaking
Tesla's earnings came in below expectations, with Q4 revenue of $21.563 billion, only a 1% increase year-over-year, partly due to worldwide price cuts last year that lowered the average selling price. Tesla also didn't provide any 2024 guidance, only saying that 2024 sales growth could be significantly lower than 2023, setting expectations for the market. Impacted by this news, Tesla's pre-market stock price has dropped by 9%, and the sentiment may affect the entire electric vehicle sector tomorrow.
