Tesla Inc. (NASDAQ:TSLA) Stock Upgrade and Financial Performance Review

Core Viewpoint - Tesla Inc. has been upgraded to a "Buy" rating by Cowen & Co., reflecting market confidence in its innovative approach and future prospects despite challenges in vehicle deliveries and revenue [1][4] Financial Performance - Tesla reported an EPS of $0.50 for the fourth quarter, exceeding analyst expectations [2][4] - Total revenues decreased by 3% year-over-year to $24.9 billion, falling short of the Zacks Consensus Estimate of $25.14 billion [2][4] - Vehicle deliveries declined by 16% year-over-year to 418,227 units, primarily consisting of the Model 3 and Model Y [2] Segment Performance - The energy segment of Tesla showed significant growth, with revenues increasing by 25% year-over-year to $3.8 billion, helping to offset declines in the automotive sector [3][4] Strategic Investments - Tesla made a $2 billion investment in xAI, an artificial intelligence startup founded by CEO Elon Musk, aimed at advancing its AI capabilities and enhancing its position in the robotaxi market [3]