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 misses fourth-quarter earnings and revenue estimates but pledges a return to growth in 2025. Investors should tap the opportune moment with these ETFs.
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 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 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.'
ETFs having a substantial allocation to this luxury carmaker like The Nightview Fund NITE, Simplify Volt TSLA Revolution ETF TESL, A RK Autonomous Technology & Robotics ETF ARKQ, Vanguard Consumer Discretionary ETF VCR and ARK Innovation ETF ARKK are in focus ahead of the company’s fourth-quarter earnings.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
US equity futures were narrowly mixed ahead of Thursday's opening bell as traders digested quarterly results from Meta Platforms (META) and Tesla (TSLA) as well as key economic data. The Dow Jones Industrial Average futures fell 0.