Every Tesla Investor Should Keep an Eye on This Number

Tesla (NASDAQ: TSLA) investors have a decision to make. Vehicle sales dropped last year for the first time since the electric vehicle (EV) specialist began mass production. Notably, 2024 net income plunged by 53% versus 2023.Those two things were related, of course. Sales dropped as demand for EVs slowed and competition grew. That led to a price war to attract customers, which slashed profit margins and earnings.After Thursday's decline, the stock has now dropped by about 30% so far in 2025. Investors need to decide if that decline provides a buying opportunity, or if the downward trend in sales and earnings could continue. There's one number to keep an eye out for when the company reports its first-quarter financial results on Tuesday, April 22.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool