--- title: "Tesla Stock Dips as Investors Weigh Its Fourth-Quarter Results: Is This a Buying Opportunity?" description: "Tesla's stock dipped over 11% in the past month following its fourth-quarter results, which showed a 3% revenue decline and a 60% drop in earnings per share. Despite a surge in full self-driving subsc" type: "news" locale: "en" url: "https://longbridge.com/en/news/274251950.md" published_at: "2026-01-30T05:16:19.000Z" --- # Tesla Stock Dips as Investors Weigh Its Fourth-Quarter Results: Is This a Buying Opportunity? > Tesla's stock dipped over 11% in the past month following its fourth-quarter results, which showed a 3% revenue decline and a 60% drop in earnings per share. Despite a surge in full self-driving subscriptions and plans for new initiatives like Robotaxi and humanoid robots, near-term challenges such as declining vehicle deliveries and cash flow concerns persist. Analysts suggest caution due to Tesla's high valuation and the uncertainty surrounding future vehicle deliveries, making it a less attractive buying opportunity at the moment. Initially, when electric-car maker **Tesla** (TSLA 3.45%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock's return for the day turned negative. This has added to the stock's weakness in recent weeks. As of this writing, the stock is down more than 11% over the past month. The stock's volatility following the earnings report exemplifies the bifurcated takeaway from Tesla's latest quarterly update. On one hand, Tesla reported a surge in its active supervised full self-driving subscriptions (FSD). Further, it announced plans for its autonomous ride-sharing service, which is still in testing phases, to roll out to seven more major cities in the first half of 2026. And Tesla also said it expects to begin production of a humanoid robot before the end of the year. Then there's Tesla's fourth-quarter financial results, which were painful to look at. Revenue fell 3% year over year, and earnings per share fell 60%. So, what should investors do? Buy into the pullback in Tesla's stock price over the past month, hoping that the company's newer initiatives pay off, or exercise caution in light of the company's near-term challenges? ![Tesla's Cybercab parked on the curb with its doors and hatchback open.](https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NTM2MDgvaXMtdGVzbGEtc3RvY2stYS1idXktbm93LmpwZyZ3PTM4NDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Cybercab. Image source: Tesla. ## Tesla's software and robotics ambitions Likely one of the key factors behind the market's initial upbeat reaction to Tesla's earnings report, Tesla disclosed in its fourth-quarter update that its active FSD subscriptions rose 38% year over year. This, combined with the company's steady progress in rolling out its autonomous ride-sharing service, Robotaxi, and its plans to begin producing humanoid robots before the end of the year, shows how the company is making more progress in growing its AI (artificial intelligence), software, and fleet-based revenue streams. In addition, Tesla importantly said in its fourth-quarter update that it expects to start producing its Cybercab, a purpose-built autonomous-driving vehicle that the company says will ship without a steering wheel, in April. ## Near-term hurdles But as investors wait for these catalysts to materialize, Tesla's vehicle deliveries and financials are moving in the wrong direction. Weighing on the quarter's results was an 11% year-over-year decline in automotive revenue as total deliveries during the period fell 16%. In addition, Tesla said in its fourth-quarter earnings call that it plans to begin winding down production of its higher-priced Model X and Model S vehicles next quarter. And in the outlook section of its quarterly update, the company notably refrained from providing guidance for vehicle deliveries in 2026, leaving investors questioning what deliveries could look like this year. Instead, relating to its volume expectations, Tesla simply said: > We are focused on maximum capacity utilization at our factories. Deliveries and deployments will be impacted by aggregate demand for our products, supply chain readiness and allocation decisions between sale to customers or use for our owned and operated fleet. Finally, it's worth noting that Tesla's free cash flow is moving in the wrong direction, too. Its fourth-quarter free cash flow was about $1.4 billion, down 30% year over year. And free cash flow will likely remain suppressed throughout 2026, because the company plans to invest heavily in artificial intelligence compute infrastructure and manufacturing. Management forecast 2026 capital expenditures to exceed $20 billion -- more than double its capital expenditures of approximately $8.5 billion in 2025. Expand ![Tesla Stock Quote](https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL1RTTEEucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## NASDAQ: TSLA Tesla Today's Change (-3.45%) $-14.90 Current Price $416.56 ### Key Data Points Market Cap $1.4T Day's Range $414.62 - $440.23 52wk Range $214.25 - $498.83 Volume 82M Avg Vol 74M Gross Margin 18.03% All of this means that Tesla stock is highly dependent on the performance of its newer initiatives, namely Robotaxi, the upcoming Cybercab, and its plan for humanoid robots. Of course, Tesla's energy storage business continues to perform nicely, with 14.2 gigawatt-hours of storage deployed in Q4 -- up 29% year over year. So, energy storage sales should contribute nicely to the company's growth over time as well. But with near-term headwinds in its financials and big spending required for these newer initiatives, I'd be hesitant to buy Tesla stock at its current price -- even with these exciting initiatives on the horizon. Shares currently command an extremely high valuation, as evidenced by their price-to-earnings ratio of about 389 as of this writing. Given Tesla's extraordinarily high valuation, the market has arguably already priced in a successful rollout of Robotaxi, continued rapid growth in high-margin software revenue, and an eventual return to growth in its autos business. With this in mind, I think staying on the sidelines for now makes sense. ### Related Stocks - [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md) - [TSLT.US - T-Rex 2X Long Tesla Daily Target ETF](https://longbridge.com/en/quote/TSLT.US.md) - [TSLL.US - Direxion Daily TSLA Bull 2X Shares](https://longbridge.com/en/quote/TSLL.US.md) - [TSL.US - GraniteShares 1.25 Long TSLA Daily ETF](https://longbridge.com/en/quote/TSL.US.md) - [TSLR.US - GraniteShares 2x Long TSLA Daily ETF](https://longbridge.com/en/quote/TSLR.US.md) - [TSLG.US - Leverage Shares 2X Long TSLA Daily ETF](https://longbridge.com/en/quote/TSLG.US.md) - [TESL.US - Simplify Volt TSLA Revolution ETF](https://longbridge.com/en/quote/TESL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Ross Gerber 表示，在自動駕駛出租車事故頻發的情況下，情況似乎沒有好轉，並稱特斯拉可能需要進行 “硬件調整” | 投資者羅斯·格伯（Ross Gerber）認為，特斯拉的全自動駕駛（FSD）技術由於最近涉及其機器人出租車的事故，需要進行硬件升級。他在社交媒體上表達了擔憂，稱 FSD 沒有改善，並建議特斯拉可能需要考慮引入激光雷達傳感器，類似於競爭對手。 | [Link](https://longbridge.com/en/news/276202408.md) | | 特斯拉取消了一次性購買全自動駕駛（FSD）功能的選項 | 特斯拉停止一次性購買全自動駕駛功能（FSD） | [Link](https://longbridge.com/en/news/276071127.md) | | 現在我們知道特斯拉為什麼終止了 Autopilot 功能 | 特斯拉已停止使用自動駕駛品牌，並在加州機動車輛管理局（DMV）裁定後，從新車中移除了自動轉向功能。此決定是為了遵守 DMV 的要求，避免因涉嫌對其駕駛輔助系統進行誤導性營銷而導致特斯拉的經銷商許可證被暫停。DMV 確認特斯拉成功採取了必要措 | [Link](https://longbridge.com/en/news/276285872.md) | | 特斯拉宣佈了一個令人驚歎的新全自動駕駛里程碑 | 特斯拉宣佈了一個重要里程碑，使用其全自動駕駛（FSD）套件進行半自動駕駛的行駛里程超過了 80 億英里。這一成就至關重要，因為它有助於公司實現達到 100 億英里訓練數據的目標，首席執行官埃隆·馬斯克表示，這對於實現無監督自駕是必要的。FS | [Link](https://longbridge.com/en/news/276278797.md) | | 特斯拉股票：能源行業的繁榮與電動車市場的低迷——FSD 能否在 2026 年推動復甦？ | 特斯拉的股票目前交易價格在 411 美元至 420 美元之間，年初至今下跌了 7%，主要由於電動車銷量下降。儘管 2025 財年第四季度的交付量下降了 15%，分析師們仍然看到超過 40% 的上漲潛力，主要受益於能源存儲的增長和全自動駕駛（ | [Link](https://longbridge.com/en/news/275894964.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.