NEW DATA SHOWS ROBUST ECONOMY, TESLA BEARS WIN ON SLOWING GROWTH
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.
January 25, 2024