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.
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.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
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Tesla misses fourth-quarter earnings and revenue estimates but pledges a return to growth in 2025. Investors should tap the opportune moment with these ETFs.
Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'
Wall Street banks expect Tesla’s vehicle sales to grow much more slowly this year than its boss Elon Musk has forecast, as US President Donald Trump seeks to dismantle Biden-era climate policies that favour electric vehicles.