by winston » Thu Jan 25, 2024 8:37 am
not vested
Tesla misses fourth-quarter estimates on weak auto revenue, warns of lower volume growth in 2024.
Total revenue increased 3% from $24.3 billion a year earlier.
Operating margin for the quarter came in at 8.2%, down from the year-ago quarter’s figure of 16% and slightly higher than 7.6% in the prior quarter.
Meager growth in auto revenue was partly due to a reduced average selling price following steep price cuts around the world in the second half of the year.
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"