Tesla Q4 2023 Earnings Call Transcript

Tesla's Record-Breaking 2023: Q4 Earnings and Beyond

Record Production and Deliveries

Tesla achieved record production and deliveries in 2023, demonstrating the company's continued growth and market dominance.

Financial Performance in Q4 2023

In its Q4 2023 earnings call, Tesla reported impressive financial results, including:

• Record revenue of over $24 billion
• Net income of $3.7 billion
• Diluted earnings per share of $1.19

These results exceeded analyst estimates and showcase Tesla's strong demand and profitability.

Future Outlook

Tesla is optimistic about its future prospects, with plans to ramp up production at its new facilities and launch new vehicle models, such as the Cybertruck and Semi.

The company also highlighted its focus on sustainability and innovation, with investments in battery technology and renewable energy.

Stock Performance

Following the earnings release, Tesla's stock initially dipped slightly but has since recovered, reaching its highest levels since August 2023.

Investors are encouraged by Tesla's strong financial performance and positive outlook, which indicates continued growth and profitability in the future.

Notes:

* Price as of April 19, 2024 at 4:00 PM: N/A * TSLA Q4 2023 Earnings Call Transcript: https://tesla-cdn.thron.com/static/V7R8CTL6/files/0c0b4621-9a69-4022-8eba-bca0b250c9bd/TSLA_Q4_2023_Earnings_Call_Transcript.pdf * Tesla Q4 2023 Financial Results and QA Webcast: https://ir.tesla.com/financial-news/financial-results/q4-2023-financial-results