January 25, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

New Economic Data

Please click here for a chart of Tesla stock (TSLA).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of TSLA is being used to illustrate the point.
• TSLA is one of the magnificent seven stocks.
• The chart shows a gap down on earnings.

• TSLA reported adjusted EPS of $0.71 vs. $0.74 consensus.  TSLA reported revenue of $25.17B vs. $25.62B.
• It is not the earnings that is hitting TSLA stock.  It is the projection of slow growth in 2024.