Tesla (TSLA) shares rose despite fourth-quarter revenue and other metrics falling short of Wall Street expectations.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit
Tesla trailed sales estimates in its last report while beating big on earnings per share. Here are the key estimates to watch as the company prepares to post its fourth-quarter report: Analysts tracked by FactSet are looking for $27.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit
Tesla faces slower vehicle sales growth in 2025 amid political challenges but focuses on AI and autonomous driving to fuel long-term growth.
The electric-vehicle maker reports fourth-quarter earnings after the bell Wednesday. Here’s what investors will be watching: Tesla is expected to earn $0.66 a share, or $0.77 on a non-GAAP basis. Net income is expected to be $2.
Tesla's Q4 energy generation and storage revenue of $3.06 billion rocketed 112.9% from a year ago. But that still wasn't enough to please Wall Street, as the FactSet consensus called for a 128.1% surge to $3.
Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'