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.
Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.
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.
Everyone knows they're not cheap, but exactly how much does a Tesla cost? There's a huge difference in price between the cheapest Tesla and the most expensive Tesla. The EV lineup works for a wide ...
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.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
These Stocks Moved the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, Meta’s fourth-quarter profit handily tops forecasts, and UPS says it will be reducing volume with Amazon.
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall revenue rose 12% to $69.