{"id":10317,"date":"2024-01-25T15:51:56","date_gmt":"2024-01-25T15:51:56","guid":{"rendered":"https:\/\/www.vtmarketseu.com\/?p=10317"},"modified":"2025-02-22T08:11:12","modified_gmt":"2025-02-22T08:11:12","slug":"forex-market-analysis-dollar-and-tesla-25-jan-2024","status":"publish","type":"post","link":"https:\/\/www.vtmarketseu.com\/de\/analysis\/forex-market-analysis-dollar-and-tesla-25-jan-2024\/","title":{"rendered":"Forex Market Analysis: Dollar and Tesla 25 Jan 2024"},"content":{"rendered":"\n<h1 class=\"wp-block-heading has-medium-font-size\">Forex Markets Analysis: 25 Jan 2024<\/h1>\n\n\n\n<p><strong><u>CURRENCIES:<\/u><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>U.S. Dollar faced a decline despite positive economic data on Wednesday<\/li>\n\n\n\n<li>Potential for a reversal in the dollar&#8217;s fortunes in the upcoming days<\/li>\n\n\n\n<li>Market attention shifts to the fourth-quarter U.S. GDP report<\/li>\n<\/ul>\n\n\n\n<p><strong>U.S. Dollar Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Analysis focuses on three major FX pairs: EUR\/USD, USD\/JPY, and GBP\/USD<\/li>\n\n\n\n<li>Despite better-than-expected PMI results, the dollar retreated<\/li>\n\n\n\n<li>Possibility of a turnaround if key economic data continues to surprise positively<\/li>\n<\/ul>\n\n\n\n<p><strong>Fourth-Quarter U.S. GDP Report:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Scheduled for release on Thursday<\/li>\n\n\n\n<li>Forecasted economic activity expansion of 2% at an annualized rate<\/li>\n\n\n\n<li>GDP considered backward-looking but provides insights into economic health<\/li>\n<\/ul>\n\n\n\n<p><strong>Key Points to Monitor:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Close attention to household expenditures, a significant growth engine<\/li>\n\n\n\n<li>Consumer spending remains robust, contributing to a positive GDP outlook<\/li>\n\n\n\n<li>A strong GDP report could impact expectations of a Fed rate cut in March<\/li>\n<\/ul>\n\n\n\n<p><strong>Implications for the U.S. Dollar:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Positive GDP scenario may reduce odds of a Fed rate cut<\/li>\n\n\n\n<li>Traders could adjust dovish expectations for the FOMC&#8217;s policy path<\/li>\n\n\n\n<li>Potential for a more favorable backdrop for the U.S. dollar<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong><u>STOCK MARKET:<\/u><\/strong><\/p>\n\n\n\n<p><strong>Tesla Q4 Earnings Overview:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stock drops due to earnings miss and a cautious full-year production outlook<\/li>\n\n\n\n<li>CEO Elon Musk confirms the launch of the company&#8217;s next-gen vehicle in H2 2025<\/li>\n<\/ul>\n\n\n\n<p><strong>Financial Performance in Q4:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Top-line revenue of $25.17 billion, slightly below the estimated $25.87 billion<\/li>\n\n\n\n<li>Revenue increased by approximately 3% compared to the previous year<\/li>\n\n\n\n<li>Adjusted EPS at $0.71, missing the estimated $0.73<\/li>\n\n\n\n<li>Adjusted net income of $2.486 billion, falling short of the $2.61 billion expected by the Street<\/li>\n<\/ul>\n\n\n\n<p><strong>Full-Year Production Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tesla anticipates a notably lower vehicle volume growth rate compared to 2023<\/li>\n\n\n\n<li>Launch of the next-gen vehicle at Gigafactory Texas cited as a reason for the production slowdown<\/li>\n\n\n\n<li>Unlikely to meet Street estimates of 2.19 million vehicle production for 2024, signaling a 21% increase from 2023<\/li>\n<\/ul>\n\n\n\n<p><strong>Next-Gen Vehicle and Production Plans:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Progress on the next-gen platform highlighted in the earnings release<\/li>\n\n\n\n<li>Musk emphasizes the revolutionary manufacturing system for the low-cost vehicle<\/li>\n\n\n\n<li>Production of the next-gen vehicle scheduled for the second half of 2025<\/li>\n<\/ul>\n\n\n\n<p><strong>Factors Contributing to Profitability Drop:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Downward pressure on margins due to cost-cutting efforts initiated in late 2022<\/li>\n\n\n\n<li>Q4 gross margin at 17.6%, below the estimated 18.1% and a decline from the previous year<\/li>\n\n\n\n<li>Various challenges, including Hertz shedding EVs, price cuts in China, production halt in Berlin, and Musk&#8217;s stock demand, impacting profitability<\/li>\n<\/ul>\n\n\n\n<p><strong>Delivery and Production Statistics:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Q4 deliveries surpass Street estimates with 484,507 deliveries<\/li>\n\n\n\n<li>All-time record quarter for Tesla, beating the previous record of 466,000 units in Q2 of the last year<\/li>\n\n\n\n<li>Yearly vehicle deliveries grow by 38% to 1.81 million, production increases by 35% to 1.85 million<\/li>\n<\/ul>\n\n\n\n<p><strong>Cybertruck and Musk&#8217;s Concerns:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cybertruck deliveries not specified, but demand described as &#8220;off the hook&#8221;<\/li>\n\n\n\n<li>Musk addresses concerns about securing greater control for AI ambitions, citing potential loss of influence in the future<\/li>\n\n\n\n<li>Expresses worries about being voted out by shareholder advisory firms like ISS and Glass Lewis<\/li>\n<\/ul>\n\n\n\n<p><strong>Elon Musk&#8217;s Recent Activities:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Speaks at a symposium about antisemitism in Krakow, Poland, on January 22, 2024<\/li>\n\n\n\n<li>Highlights his desire to be an effective steward of powerful technology, expressing concerns about potential loss of control due to shareholder decisions.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-black-color has-text-color has-link-color has-medium-font-size wp-elements-252ac7b6db0f0d451a80ed9d58c0dc5f\">Start your trading journey with VT Markets <a href=\"https:\/\/www.vtmarketseu.com\/metatrader-4\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><span style=\"text-decoration: underline\">MT4 Trading Platform<\/span><\/a> today and stay ahead in the currency and stock market!<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Forex Markets Analysis: 25 Jan 2024 CURRENCIES: U.S. Dollar Technical Outlook: Fourth-Quarter U.S. GDP Report: Key Points to Monitor: Implications for the U.S. Dollar: STOCK MARKET: Tesla Q4 Earnings Overview: Financial Performance in Q4: Full-Year Production Outlook: Next-Gen Vehicle and Production Plans: Factors Contributing to Profitability Drop: Delivery and Production Statistics: Cybertruck and Musk&#8217;s Concerns:<a href=\"https:\/\/www.vtmarketseu.com\/de\/analysis\/forex-market-analysis-dollar-and-tesla-25-jan-2024\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-10317","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/posts\/10317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/comments?post=10317"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/posts\/10317\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/media?parent=10317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/categories?post=10317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketseu.com\/de\/wp-json\/wp\/v2\/tags?post=10317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}