Tesla stock investment for 2023

Tesla's mission is to accelerate the world's transition to sustainable energy through its innovative electric vehicle technology and renewable energy solutions. Its stock has shown impressive growth, increasing by 93% between 2019 and 2021. This growth has helped Tesla establish itself as the leader of the electric automotive industry.

In January 2020, Tesla was valued at over $117 billion, and by December of the following year, its valuation had surged to $658.39 billion. This remarkable growth in value has been attributed to Tesla's ability to demonstrate consistent profitability, expanding market share, and successful product launches.

The company's Q4 2022 report showed significant growth, building on the momentum from Q4 of 2021. Tesla reported strong earnings and delivery figures for its electric vehicles, including the Model S, Model X, Model 3, and Model Y. Additionally, Tesla announced its entry into the energy storage market and its development of new battery technology, indicating its continued commitment to driving the transition to sustainable energy.

Tesla's Q4 2022 report showcased significant profitability and operational growth. The company reported a 16.8% operating margin for the year, with a 16.0% operating margin in Q4. Its GAAP operating income for 2022 was $13.7 billion, with $3.9 billion in Q4. Additionally, its GAAP net income for the year was $12.6 billion, with $3.7 billion in Q4. Tesla's non-GAAP net income (which excludes stock-based compensation) for 2022 was $14.1 billion, with $4.1 billion in Q4.

Total revenue for the company grew 37% YoY in Q4, reaching $24.3 billion. Tesla also highlighted its operational achievements, with 6.5 GWh of energy storage deployed in 2022, up 64% YoY, and record vehicle deliveries of 1.31 million in 2022.

Tesla's financial growth also extended to its shareholders, with a net (loss) income attributable to common stockholders (GAAP) of ($12,556) million in 2022, a year-over-year growth of 128% from ($5,519) million in 2021. Its net (loss) income attributable to common stockholders (non-GAAP) for 2022 was ($14,116) million, with a year-over-year growth of 85% from ($7,640) million in 2021.

Looking ahead to 2023, Tesla plans to continue expanding production, aiming to grow as quickly as possible in alignment with its 50% CAGR target. The company anticipates delivering around 1.8 million cars in 2023. It also expects to see a reduction in operating costs, resulting in higher income for stockholders.

Tesla's stock price target is set for $200 from $175, reflecting its plans to increase car deliveries by 38% after achieving year-over-year growth of 50%. As a leader in the EV market, Tesla plans to maintain its position by executing innovations that reduce manufacturing and operational costs, which it anticipates will lead to higher software-related profits over time. Tesla aims to maintain the highest operating margin among volume OEMs.

Place an order: Log into your brokerage account and place an order to buy Tesla stock. You can choose to buy at the market price or set a limit order for a specific price.

- Wait for your order to be executed: If you placed a market order, your order will be executed immediately. If you placed a limit order, your order will only be executed when the stock reaches your desired price.

- Monitor your investment: Once you've bought Tesla stock, you can monitor its performance through your brokerage account.