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 reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.
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 faces slower vehicle sales growth in 2025 amid political challenges but focuses on AI and autonomous driving to fuel long-term growth.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit
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 Inc. shares have nearly doubled in value since the last time the company reported earnings — a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Tesla reported fourth-quarter free cash flow of $2.03 billion, down from $2.06 billion a year ago and well below the $2.74 billion seen the previous quarter. But FCF was well above the FactSet consensus of $1.
Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'