- Bay Area Times
- Posts
- Tesla's revenue +3% to $25.2B in Q4, as operating margin lingers at 8%
Tesla's revenue +3% to $25.2B in Q4, as operating margin lingers at 8%
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e17c23f3-58a2-4d15-b965-192be2687e69/Bay_Area_Times_email.png)
Brought to you by:
Top stories today:
- Tesla's revenue +3% to $25.2B in Q4, operating margin at 8%
- GDP expected to +2.0% in Q4, from 4.9% in Q3
- Altman discusses raising $B's for chip fabs with Congressmen
- Microsoft briefly joins Apple in $3T market cap club
- iPhone shipments -2% in China in Q4, still #1 in market share
0. Data and calendar
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/1d05c95e-f58a-4830-9e1c-bd8f48ab0be6/Screenshot_2024-01-25_at_11.10.22_AM.png?t=1706181070)
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/81fc4b18-ea2c-4e21-8b04-f5685bdf4160/Screenshot_2024-01-25_at_9.53.15_AM.png?t=1706176432)
All times are ET.
1. Tesla's revenue +3% to $25.2B in Q4, as operating margin lingers at 8%
Operating margin -49% YoY (from 16.0% to 8.2%), as Tesla cut prices aiming to increase demand, which appears to have peaked.
Chinese automakers will "demolish" global rivals without trade barriers, said Elon.
Tesla stock -7% in the pre-market.
2. GDP expected to +2.0% in Q4, from 4.9% in Q3 — out at 8:30 AM ET
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9716c067-27d9-49fd-bcbc-73aaad03863d/GDP_is_expected_to_%2B2.0__in_Q4___from_%2B4.9__in_Q3__.png_2.png?t=1706177035)
GDP: exp. at 2.0% in Q4, from 4.9% in Q3.
GDP Price Index: exp. at 2.3%, from 3.3%.
LEV Foundation was co-founded by Dr. Aubrey de Grey, one of the early pioneers in the longevity field.
Their 2 main projects are Robust Mouse Rejuvenation and Transplants on Demand.
Your donation can literally save your life, or the life of your closed ones. - Donate to the LEV Foundation.
*Sponsored.
4. Altman discusses raising $B's or even $T's for chip fabs with Congressmen
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/76fd1434-df40-414b-b8ee-8a73b1b06fee/altman_trillions.png?t=1706176886)