Tesla delivered a record 1.8 million cars in 2023. Investors are keeping an eye on the company’s forecast for its 2024 deliveries.
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Tesla reports fourth-quarter earnings on Wednesday.
The Elon Musk-headed company delivered a record 1.8 million cars in 2023.
Investors will be watching for guidance on delivery numbers for 2024.
Tesla will report fourth-quarter earnings on Wednesday after the closing bell.
Investors will be focused on the electric automaker’s vehicle-delivery forecast for full-year 2024, after record deliveries of 1.8 million cars in 2023. They will also be looking for details about consumer demand following price cuts last year, as well as information about production for the long-awaited Cybertruck.
Tesla’s stock was down 16% year-to-date through Tuesday’s close, trailing the benchmark S&P 500‘s 2% gain.
