Tesla's sales growth is expected to slow down this year, recently losing the top-selling electric car maker position to Chinese company BYD.

In an attempt to maintain market share, Tesla's CEO Elon Musk offered significant discounts, but this strategy may not be sustainable.

Tesla's Q4 revenue growth was only 3%, the lowest in over three years, and profit declined by 39% compared to the previous year.

Uncertainty surrounds the potential elimination of tax incentives for electric vehicles in the US if former President Donald Trump is re-elected.

Despite challenges, Tesla is developing its next vehicle generation in Texas, with production of a new compact model for the mass market starting in mid-2025.

Tesla's Q4 earnings were disappointing, causing a drop in its stock, and the company warned that its previous tactics to boost sales may not be as effective in 2024.

Elon Musk has requested a larger stake in the company to increase his influence, pending board approval.

US stock market reached a new all-time high on January 25, 2024, despite Tesla's stocks plummeting by 12.13% after disappointing Q4 earnings and lower sales projections.

Analysts remain hopeful about Tesla's long-term prospects, citing the potential for wider electric vehicle adoption and AI/FSD technology.