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Tesla reports Q4 earnings: Weak sales and lower margins
$Tesla (TSLA.US)$ fell in after-hours trading on Wednesday after the company reported fourth-quarter revenue growth of 3.5% Y/Y, missing anal Show More
$Tesla (TSLA.US)$ fell in after-hours trading on Wednesday after the company reported fourth-quarter revenue growth of 3.5% Y/Y, missing analysts' expectations. Profitability was also an issue, with auto margins below 20% for another quarter.

Tesla warned that auto sales growth in 2024 could be significantly lower than in 2023. The company also said it is focused on bringing to market a next-generation platform that will revolutionize the way cars are built.

During the earnings call, CEO Elon Musk emphasized the launch of FSD, stating that Tesla is one of the most advanced companies in artificial intelligence. Finally, Elon Musk said that he sees a path for Tesla to become the most valuable company in the world. Currently, Tesla's market capitalization is $660B, making it the 10th largest company in the US.

DISCUSSION: Do you think Tesla is still an investment this year?
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