Tesla’s fourth-quarter earnings per share missed Wall Street estimates by 2 cents. But there are many more numbers to dive into. And none of them look great relative to expectations. Tesla's automotive gross profit margin came in at 16.
Follow live coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
Tesla’s upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time where investors are looking for a new catalyst to jumpstart the stock.
Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025, as its quarterly profit and revenue fell short of Wall Street expectations on Wednesday due to discounts and financing offers.
Gift Nifty indicated a muted start for the Indian stock market indices. Asian markets dipped, while the US stock market ended lower overnight as investors reacted to the US Fed’s interest rate decision and quarterly earnings from Microsoft,
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
In extended trading, shares of Meta Platforms and Tesla gained nearly 2% and 5%, respectively, while Microsoft shares dipped 4% after the companies reported earnings. Both Meta and Microsoft beat on the top and bottom lines, but Tesla missed expectations.
Tesla said it sold 1.79 million vehicles in 2024, the first drop in more than a dozen years despite offers of 0% financing, free charging and low-priced leases