Tesla Q4 Preview: Musk In 'Wartime' Mode, Valuation To Hit $3 Trillion In 2026, Analyst Says

Core Viewpoint - Tesla Inc is expected to shift its focus towards Full Self-Driving (FSD), robotaxis, and AI, rather than solely on electric vehicles, as it prepares to report its fourth-quarter financial results [1]. Group 1: Earnings Estimates - Analysts predict Tesla will report fourth-quarter revenue of $24.90 billion, a decrease from $25.71 billion in the same quarter last year [2]. - The expected earnings per share for the fourth quarter is 40 cents, down from 73 cents per share in the previous year [2]. - Tesla has beaten revenue estimates in two consecutive quarters and in four of the last ten quarters overall [2]. Group 2: Analyst Insights - Dan Ives from Wedbush emphasizes that the focus will be on Tesla's progress with robotaxis and demand stabilization, maintaining an Outperform rating with a price target of $600 [4]. - Ives believes that the AI growth from autonomous vehicles and robotics will be central to Tesla's future [4]. - Mark Delaney from Goldman Sachs maintains a Neutral rating with a price target of $420, highlighting the importance of FSD and robotaxis in scaling operations [6][7]. Group 3: Key Items to Watch - Shareholders are interested in whether they will receive priority access to the SpaceX IPO in 2025, which could influence Tesla's stock volatility [9][10]. - Tesla's fourth-quarter deliveries were reported at 418,227 units, reflecting a 16% year-over-year decline, leading to a focus on future growth items in the earnings report [12]. - Questions from shareholders are likely to center around FSD, robotaxis, and the Optimus Bot, indicating a shift in focus from delivery figures to future growth prospects [12]. Group 4: Stock Performance - Tesla's stock was down 0.99% to $430.91, with a 52-week trading range of $214.25 to $498.82, and has increased by 9% over the last year [13].