Last $154.16 up $9.73 (+6.74%)
One of the more interesting bits in the 8K filing (and slide deck) was "Energy Storage" up 152% year-over-year in Q4. Elon is successfully building an entire new business inside of Tesla.
From TheStreet, January 26:
Tesla (TSLA) - shares surged higher in pre-market trading after the carmaker posted better-than-expected fourth quarter earnings and vowed to exceed its own forecast of a 50% annual delivery growth rate over the long term.
CEO Elon Musk also said orders for the month of January to date were "the strongest in our history" and were nearly twice the rate of Tesla's global production, adding that without disruption, the company could deliver 2 million cars this year.
The group's stated forecast, however, calls for a delivery target of 1.8 million, a 37% increase from last year's levels that clashes with its 50% forecast but comes amid what Musk predicted will be a "pretty difficult recession this year."
"There just always seems to be some freaking force majeure thing that happens somewhere on earth," Musk told investors on a conference call late Wednesday. "And we don't control if there's like earthquakes, tsunamis, wars, pandemics, etc."...
....MUCH MORE
The stock is now up more than 50% from the $101.81 low on January 6, though it still needs to more than double to get back to the glory days pricing of November 2021.
BigCharts
Yesterday: "Tesla Earnings Top Forecasts, Musk Vows 50% Annual Growth Rate; Margins Narrow On Price Cuts"
