secwatch.observer — SEC 8-K summary
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Issuer:     Tesla, Inc. (TSLA)
CIK:        0001318605
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000950170-24-007073
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tesla Q4: Non-GAAP EPS $0.71 (-40% YoY); operating margin 8.2%; 2024 growth to slow
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- Q4 revenue $25.2B (+3% YoY); GAAP EPS $2.27 (incl $5.9B tax benefit), non-GAAP EPS $0.71 (-40% YoY).
- Operating margin fell to 8.2% from 16% YoY on price cuts and higher R&D; total gross margin 17.6%.
- 2023 deliveries 1.81M (+38% YoY); Model Y world's best-selling vehicle; energy storage deployments up 125% to 14.7 GWh.
- Free cash flow $2.1B in Q4, $4.4B for 2023; cash & investments $29.1B.
- Guidance: 2024 vehicle volume growth 'notably lower' as next-gen platform prepares at Gigafactory Texas; Cybertruck ramp continues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318605/000095017024007073/0000950170-24-007073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318605/000095017024007073/tsla-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007073

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