Shulou(Shulou.com)11/24 Report--

According to news in the morning of January 25, Beijing time, Tesla may report the slowest sales growth in 10 months on Wednesday due to poor delivery. The move comes just days after the company boosted demand and curbed competitors by lowering the price of its products.

Tesla's profit margins could be hit by competition from traditional carmakers such as Ford and new car-building forces such as Rivian and Lucid.

Analysts on average expect Tesla's net profit to grow at its slowest pace in three years in the latest quarter, according to the survey.

Seth Goldstein, analyst at Morningstar, said: "I would like to see how these two indicators (production cost and product selling price) cancel each other out in the fourth quarter, as this will be a good directional indicator for our 2023 results."

Tesla's two superfactories in Berlin and Austin have been climbing capacity, which analysts believe will help reduce production costs and offset some of the impact of price cuts on the company.

Tesla has offered high discounts on the company's cars in recent months and cut prices around the world by as much as 20 per cent earlier this month.

The price of Tesla's Model 3 car and Model Y SUV is similar to that of Fisker's Ocean SUV, but much lower than Rivian's R1T pickup truck and R1s SUV.

There are some early signs that Tesla's price cut is starting to work because Xiaopeng and Selis have also adjusted the prices of their electric cars, and the data show that Tesla's sales in the Chinese market have soared.

After Tesla cut prices, the company's car orders in the United States also increased, according to YipitData.

Fundamentals Tesla will release the latest quarterly results on January 25. According to Refinitiv, analysts on average expect Tesla's fourth-quarter revenue to grow 36 per cent to $24.03 billion and earnings per share of $1.13.

Tesla's gross profit margin for cars could fall to 28% in the fourth quarter, up from 30.6% a year ago, according to Visible Alpha. This year's target is expected to fall to 25% from 29% in 2022.

Of the 42 analysts who included Tesla in the study, 25 gave the stock a "buy" or higher rating, 12 a "hold" rating and five a "sell" or lower rating.

Analysts have set a median share price target for Tesla of $186. The stock has fallen by more than half over the past 12 months, closing at $143.89 on Tuesday.

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