Tesla's stock plunged over 12%, wiping out over $82 billion in market value, after CEO Elon Musk warned of slower sales growth and acknowledged the negative impact of price cuts on margins. Despite this setback, the Tesla Model Y outperformed the Toyota Corolla to become the best-selling vehicle worldwide. Tesla reported a profit of $15 billion for 2023, but its fourth-quarter earnings were disappointing, with revenue at $25.1 billion, a mere 3% increase from the same period the previous year, missing analyst expectations. Financial firms reacted, with Wedbush lowering its price target to $315 and removing Tesla from its best ideas list, and JPMorgan reducing its price target from $135 to $130. Edward Jones downgraded Tesla to Hold from Buy. Amid the turmoil, Cathie Wood's ARK Investment showed support by purchasing 178K shares of Tesla.
Tesla stock has fallen about 31% in the last 6 months https://t.co/YOBC5bIN0v
Last week, Cramer said: "It's looking to me like $TSLA will be the first to fall." https://t.co/yvgehqgtrr
Tesla's revenue: 2024: $73,000 every 23 seconds 2020: $73,000 every minute 2015: $73,000 every 9 minutes 2010: $73,000 every 5 hours 2007: $73,000 every year
$TSLA / @elonmusk - Wen RICO? Live look of Elmo refusing to give guidance or admit $TSLA is permanently impaired <$2 eps publicly traded RICO as he prepares to dump stock and/or focus on the next grift (AI is the new Mars?) Cc @SDNYnews @LisaMonaco @DOJCrimDiv @SenWarren https://t.co/9ZP4oHpWyh
⚠️ JUST IN: *JPMORGAN CUTS ESTIMATES ON TESLA, WARNS 'PLENTY OF FURTHER DOWNSIDE POTENTIAL' DO YOU AGREE OR DISAGREE? $TSLA https://t.co/nwWGzbFdC8
The delusion and hysteria around $TSLA is truly something to behold 😂 This is why $TSLA is a favorite name of both bulls and bears
$TSLA is Poised for 550% Gain, According to Fund Manager, David Baron Baron Focused Growth Fund expects Tesla’s stock to reach $1,200 by 2030, citing its strong brand Tesla and Musk’s privately held SpaceX were the fund’s largest holdings as of Dec. 31, so he has a bias https://t.co/Tkm2DkMZmN
$TSLA / @elonmusk - Hype & Dump? Big, if true.
How $TSLA makes money 🏎️ https://t.co/VyFmPA8DkW
$TSLA / @elonmusk - Fraud? It helps to be numerically literate. $TSLA is a PERMANENTLY impaired <$2 eps house of cards... Built on deception, fraud and an orchestrated "racket" that has made $TSLA, under Elmo a "corrupt organization" @SDNYnews @LisaMonaco @DOJCrimDiv @FINRA https://t.co/xDhSVZSgrj
One reason $TSLA had no buying support following its awful earnings report & guidance? Its most recent reported short interest was extremely low relative to the number of shares outstanding (only around 2.5% of them)... https://t.co/ELg6SjwWN2
One reason $TSLA had no buying support following its awful earnings report & guidance? Its most recent reported short interest was the lowest on record.* *"on record" defined as "as far back as Nasdaq provides for free" https://t.co/vwJ7A0JRFc
I just want to point out that $TSLA's Q4 "Energy Generation & Storage" revenue was LOWER than Q3's, Q2's and Q1's and contributes less than 6% of OVERALL revenue, so if THIS is Tesla's "growth engine," "automotive" must be REALLY fucked! https://t.co/Ynqjy5elwG
A pivotal historical moment in the Tesla story is here-the path forward I discuss on @CNBCClosingBell 👇 https://t.co/C8bNfAqfvf
$TSLA $130 PT from analysts https://t.co/dA8zT2Ydwd
🦸♂️ $TSLA Earnings Not So Magnificent "It's like the 7 heroes on The Boys. Tesla really doesn't fit. They're like The Deep of the Magnificent 7. They've been in trouble since mid-2022." @HedgeyeIndstrls Watch The Industrials Show at 11am ET Fridays. https://t.co/QtOmLpA605 https://t.co/Ae0ef51guM
Owning how we were dead wrong this week into Tesla earnings/conf call….but laying out our long term bull thesis and what @elonmusk could do for this historical inflection point moment in the @Tesla story @CNBCClosingBell 📺👇 @CNBC @CNBCtech @CNBCi https://t.co/C8bNfAqNkN
Deeper dive into the path ahead for Tesla and why a buyback is the right move for @elonmusk in our view @CNBCClosingBell 📺👇 https://t.co/JujzQSyo6z
Great to be on @CNBCClosingBell with @ScottWapnerCNBC discussing why we were dead wrong heading into Tesla’s call this week but lay out the path ahead and why we remain long term bullish on Tesla discussing our Top 10 List for @elonmusk to Turn the Tesla Story Around @CNBC… https://t.co/C8bNfAqfvf
Wedbush's @divestech lays out the top things he thinks Elon Musk should do to turn Tesla around: https://t.co/vTo8ruQa8e
Wedbush removing $TSLA from its Best Ideas List after a big Q4 earnings miss and a weak volume outlook for 2024. "We were dead wrong in terms of the call into the quarter," @divestech. He explains why he's still a long-term Tesla bull, despite lowering his PT to $315 this week https://t.co/zaqBn8klnG
$TSLA closes green 🎉 Have a great weekend everyone https://t.co/nABoHkwJtg
$TSLA "The trend is your friend" Love this long term look at price action from @everytimeicash! https://t.co/SzDGFmLyeX
How much Tesla stock slump has cost Elon Musk https://t.co/xuTtbY0IjX https://t.co/bvitUivxtw
Tesla shares plunge to wipe out $80 billion in market value, after dour earnings call https://t.co/UadHgnOR0s
Key analyst offers a list of steps for CEO Elon Musk to save Tesla after its 'dark day' https://t.co/cMKnjgmFMx
3 things Tesla should do after its market value shrunk $80 billion in a single day, according to Wedbush https://t.co/hMXzFPsoA3
Tesla investors see 'there’s no floor' after losing $200 billion https://t.co/q04O8F1ZvZ
damn, the $TSLA recovery today petered out to zero
The bottom is in for Tesla https://t.co/Q4695Zf6R4
$TSLA | Tesla Stock Rescue Plan: Analyst Lays Out 10 Items For Musk To Consider Including AI, Buyback, Acquisitions https://t.co/tcfgo012JX
bought even more $TSLA just now ⚡️ #G2aMilly
$TSLA dip buyers not being rewarded yet as the stock just turned red.
$TSLA still inside feel like party is not over yet https://t.co/4uQ3RLPJJ4
Does $TSLA find a bottom here? Prediction for next 30 minutes. https://t.co/JLIHqc1bWc
Tesla investors haven’t had a stretch this bad in a long time time https://t.co/sMYSc2tDZJ
Jim Cramer has said Tesla's, $TSLA, out of the Magnificent Seven, per CNBC
"We've had a lot of challenges with Institutional Shareholder Services, ISS, I call them ISIS, and Glass Lewis, which there's a lot of activists that basically infiltrate those organizations and have strange ideas about what should be done." - Elon Musk $TSLA
Oh, Tesla. My deep dive into Q4 results, new model, and more. $TSLA $BYDDF https://t.co/sd5bYtLfcA https://t.co/EBRyLMe6nD
Atleast $nkla is still green 😂
Edward Jones Downgrades $TSLA to Hold from Buy
Tesla investors haven’t had a stretch this bad in a long time time. https://t.co/UdBJa0cgZX
J.P. Morgan reiterated an Underweight rating on #Tesla $TSLA and cut their 12-mo target to $130.00 (From $135.00) after the co reported weaker than expected earnings for the 6th straight qtr, & lower YoY profits for Q4 on Wednesday. https://t.co/QI6VDZL9Cr
In June 2019, $TSLA 2024's profit expectations were $12.8B. Today, the expectation is $11.1B (w much more certainty). The shares were $14/share then. https://t.co/rrTkZ4CjJX
Tesla has ‘massively disappointed’ Wall Street. Here’s how it can get back on track. https://t.co/4pgvRN7qes
Tesla Erases $80 Bln in Valuation after Musk’s Sales Warning https://t.co/GLQLd4omWT
"I officially acknowledge now that there are only six left." Tesla is not-so-magnificent anymore, according to @jimcramer. He kicked them out of the Magnificent Seven in favor of the new Super Six. $TSLA https://t.co/t6TtXgNDko
Dan Ives just released his top 10 things for Elon Musk to do in order to turn around $TSLA Tesla: Any of these that make the most sense? https://t.co/CEYGGQAxOW
Yesterday was a dark day for Tesla (and us) but this is not the end. It’s about the next chapter-how Musk/Tesla move forward at this historical moment. We will be discussing our Top 10 List for Musk to Turn Around Tesla Narrative on @CNBCClosingBell at 3 pm with @ScottWapnerCNBC https://t.co/AHCGZBiccT
Buy the dip $tsla https://t.co/rLv5dX00ut
"Tesla profit expectations have fallen, but even after Thursdays sell-off, the stock to us seems in comparison to have hardly noticed, suggesting plenty of further downside potential." https://t.co/9m4q2OHk5i
Just made a ballsy prediction of where $TSLA will be in one hour. Check it out here before it expires https://t.co/g1E4XCMaIc
Closed my $TSLA short. Eventually we get to $150 this year, but nothing moves in a straight line in markets. https://t.co/fa2S1euP9w
Tesla's Q4 2023 income statement visualized. https://t.co/i5qBXuc29F
$TSLA Our review of Tesla's latest quarter is out! 🤖 AI & Robotics. 📊 Q4 FY23 visualized. 🚗 Next generation vehicle. 👚 Optimus tackles laundry. 🗳️ Why Elon wants 25% control. https://t.co/FdC5EmG9GK
$TSLA I'm leaning in agreement that it's at/near a bottom. Cramer and all analysts giving up on it and cutting their price targets. https://t.co/wXnSp2K4EN
JPMorgan today lowered its price target on Tesla $TSLA to $130 from $135 while maintaining its Underweight rating
JPMorgan sees Tesla dropping another 30%, says falling profits don't support high valuation https://t.co/IK86U0B68i
So the $TSLA Faithful are now admitting that 2024 will be a “challenging” year, but are claiming that 2025 will fantastic. The problem? Well, post earnings, the 2025 estimate for Adjusted EPS($4.42)was cut more(14%) than the 2024 estimate($3.31, down 12%). https://t.co/ZRNBBGwbUt
Tesla $TSLA is back to being one of the top 10 largest 🇺🇸 companies after briefly dropping into 11th yesterday https://t.co/jktj5LYWIo
CRAMER: ".. as someone who was among the first to vocalize the Magnificent 7 rubric, I officially acknowledged now that there are only six left - a super six pack. As for $TSLA, time to move on.” @jimcramer @MadMoneyOnCNBC @CNBC https://t.co/PTFbzyWunF
Tesla’s slowing growth and shrinking profit have made it the weakest stock on the Nasdaq 100 this year. But fund manager David Baron is betting it will just be a bump in the road https://t.co/S1myuck2iu
Should $TSLA still be in the #Magnificent7?!?! @jimcramer says NOOOOOOOOO! https://t.co/wbQDGOlawR
Maybe my bearish friends were right after all? $TSLA https://t.co/QrtsRFFKH0
$TSLA stock after every earnings report 😅 https://t.co/74FUtZw65u
Fmr. Ford CEO Says the EV Sales are ‘Running Out of Gas’ “One of the bigger things that’s emerged for consumers is the residual values because they perform very poorly…It’s shaping up to be a very difficult year selling EV’s” https://t.co/2Kj9KdctIa
🔸 $TSLA: Edward Jones Downgrades to Hold from Buy "We are downgrading shares of Tesla to a Hold from a Buy and removing them from the Stock Focus List. Increasing competition has pressured demand for Tesla's electric vehicles (EV), and consumer interest in EVs has moderated"
Tesla’s stock hasn’t fallen enough – this analyst sees another 30% downside https://t.co/avbyNEVwQJ
$TSLA: Edward Jones Downgrades to Hold from Buy
Good Morning! ☕️ Cathie Wood is leading the conversation this morning after news broke that she bought the $TSLA dip After the last four earnings calls the stock has dropped -9.8%, -9.7%, -9.3%, and now -12.1% respectively Has $TSLA finally found a bottom? https://t.co/KMigXbPhBy
$TSLA Wedbush reiterates Tesla as outperform Wedbush said it’s standing by Tesla, but removed the stock from its best ideas list. “We are removing TSLA from the Wedbush Best Ideas List (BIL) due to our investment price discipline.
$TSLA JPMorgan reiterates Tesla as underweight JPMorgan lowered its price target on the stock to $130 per share from $135 after the company’s earnings report on Wednesday. ” Tesla profit expectations have fallen, but even after Thursdays sell-off, the stock to us seems in…
$TSLA Stock prices follow fundamentals https://t.co/d6zoxLS0WM
$TSLA / @elonmusk - Wen RICO? American capitalism is failing. It has been corrupted by fraud and the Chinese control our fate. The only way to win is to let American exceptionalism be...exceptional. Stop whitewashing and protecting frauds. https://t.co/tcFAm22wDW
$TSLA: JPMorgan Cuts price target to $130 from $135 $TSLA: New Street Research Cuts price target to $255 from $300
$TSLA 🔸 Tesla removed from wedbush best ideas list "We are removing Tesla from the Wedbush Best Ideas List (BIL) due to our investment price discipline," the firm said.
$TSLA 🔸 Tesla removed from wedbush best ideas list
$TSLA | Tesla's Bloodbath No Deterrent For Cathie Wood, Ark Mops Up $32.5 Worth Of Shares, What Lies Ahead For The Stock? https://t.co/SAGG1AEfHt
Tesla Stock Price Down 25% In 2024, Time To Take Your Profits https://t.co/ndSAj170aQ
Should $TSLA still be in the Mag7??? @jimcramer says NO! We discuss on @CNBCWEX
Tesla shares plunge to nine-month low on falling margins and gloomy outlook https://t.co/xzh1loAJiS
Tesla Earnings Show the Stock Can’t Live in Musk’s Fantasyland Any Longer https://t.co/WiOJ0oqH0r
$TSLA +0.60% premkt 🔸 Cathie Wood's ARK Investment bought 178K shares of Tesla today 🔸 Tesla shares plunge to wipe out $73 billion in market value https://t.co/ypm7xcXw6W
Tesla sold a majority of the EVs in the U.S. yet again in 2023. They sold nearly 10 times more EVs than the #2 player, Ford. https://t.co/kDLIWxd6d6
The number of Model Y sales globally in 2023 was greater than the size of the entire U.S. EV market. Pretty crazy.
Breaking: After cutting prices on their cars, Elon Musk has decided to further cut prices on the $TSLA stock to make investing into the future more affordable. The Tesla management will implement these cuts by continuing to act like drunken monkeys.
In 2024 we return to price stability. $TSLA https://t.co/BpIPNNvugZ
Virtually no better use for this meme. $TSLA https://t.co/vVBA0GnTOv https://t.co/c51xiqVFxt
Wedbush confidence in Tesla is „shaken“. Price target reduced to a modest $315, or market cap of $1T. $TSLA https://t.co/2Z2I4K9WkH
Wedbush confidence in Tesla is „shaken“. Price target reduced to - modest $315, or a market cap of $1T. $TSLA https://t.co/2Z2I4K9WkH
Wdedbush confidence in Tesla is „shaken“. Price target reduced to - modest $315, or a market cap of $1T. $TSLA https://t.co/2Z2I4K9WkH
The best time to own $TSLA was 2019 until 2021 as QE was in full swing. Since then, it has been dead money at best and 50% off its highs. Hard to be a bull now as fundamentals are replacing hopes and dreams. https://t.co/rJ04ankbfD
Tesla’s stock fell 12% on Thursday as the company’s fourth-quarter earnings, reported Wednesday night, fell below expectations. REVENUE Tesla earned $25.1 billion in the last quarter of 2023, a 3% rise from the same period in the previous year. Analysts had predicted total… https://t.co/t5Y9NbQKwr
Tesla Net Income 2023 — $15 billion profit 2022 — $12.6 billion profit 2021 — $5.5 billion profit 2020 — $721 million profit 2019 — $862 million loss 2018 —$976 million loss 2017 — $2 billion loss 2016 — $674 million loss 2015 — $888 million loss
This interview is from 2023 and yet, so true after today....Tesla stock has been 'nothing short of a disaster,' hedge fund manager says https://t.co/MLH2yWiGzV $TSLA @Tesla @StreetSignsCNBC @livermoreops
For the first time the best selling vehicle in the world is electric! Tesla Model Y outsold the Toyota Corolla! $TSLA shareholders: https://t.co/AhlNDOZHHr
Tesla tumbled over 12% after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition. More here: https://t.co/YU1QDu4MUN
Tesla tumbled over 12% after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition https://t.co/jpivIMVDFJ
#FPTech: #Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call https://t.co/xn44vk1BSi