Should you buy Tesla stock? (January 2024)

Tesla stock analysis. Ticker: $TSLA

Tesla reported earnings last week and the stock dropped around 12% giving the company a market value of $640 billion dollars. With $29 billion of cash on its balance sheet and 5 billion of debt, the enterprise value is $616 billion.

Not long before this announcement, some people were talking up the prospect of Tesla becoming a $10 trillion dollar company, helped by a rollout of humanoid bots and artificial intelligence.

Those predictions now look poorly timed because this was a disappointing earnings report from Tesla. Automotive revenues rose less than 2% year over year and profit margins have tanked. Gross margin in the latest quarter was 17.6%, down from 24% one year ago and operating margins fell 47% to 8.2%. That’s now lower than legacy automaker Toyota Motors.

Company outlook was also disappointing. Tesla said that vehicle growth would slow again this year and on the company conference call Elon Musk said that without tariffs, Chinese manufacturers would “pretty much demolish most other car companies in the world”. Long time Tesla bull Dan Ives called the Tesla call a train wreck.

#teslastock #investing #stockstowatch

[BrandonTran]

Thank you, this breakdown is so quick and straight forward. Cheers!

[chrisklaeffling]

Fantastic video. Missing from my point of view is the battery business that will most likely be bigger than the car business in the future. Many thanks for the great content!!

[mindlessnick]

Love your breakdowns. Was looking at most anticipated weekly earnings and WU caught my eye. Seems like w/ all the immigration, WU might be a sleeper. PYPL also seems attractive, although unsure of moat. I've been buying the dip on TSLA but your breakdown is dead-on, it is definitely not an obvious buy from a fundamental evaluation.

[ASenseofCapital]

Can you do Perion Network? I'm a shareholder by myself and heavily convinced. I guess the company isn't too complex to analyze.

Another interesting one would be Clear Secure, didn't passed my audits but I'm Very interested figuring out what's your take on the stock.

Whatever is next, I will stay loyal.

[EmpireEnglishSchool]

If you wait for valuation to be what you want it to be you’ll never buy
It’s better to dca on the way down and go heavier when below 52week highs
The next two years will present a good opportunity to buy

[randomrandom]

Thanks! seems like it could go down a bit more.

Do amazon next please! Thursday after market earnings report

[BWrampage]

I'm just waiting for the day where i click on a "should you invest video?" and soon as it pops up it goes NO!

[michizb]

On the A.I part Tesla could become a key player in the future. However CEO elon musk has his own private company for A.I aswell called XA.I. he could transfer A.I. value to it instead of tesla. Moreover he recently complained that he needs minimum 25% control of Tesla BEFORE he can make it an A.I. leader. I see this as a risk of the potential A.I. value going to XA.I.