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Tesla earnings miss Wall Street expectations
Tesla misses earnings estimates on weak sales and thinning profit margins
Tesla posted a rare earnings miss for the last quarter of 2024, coupled with disappointing results amid weak sales and revenue leading to thinning profit margins.
Tesla 4Q earnings fall below Wall Street expectations, despite record sales
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.
JPMorgan is deeply skeptical of Wall Street's upbeat reaction to Tesla's earnings miss
"The move higher in Tesla shares bore no relation whatsoever to the company's financial performance in the quarter," JPMorgan wrote.
Tesla, Elon Musk
A peek under the hood of Elon Musk’s Tesla reveals a worrying trend—its auto business is rusting away
Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe that.
Tesla earnings call: Elon Musk reveals timeline for driverless cars, humanoid robots
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Tesla to Launch Self-Driving Car Service in Texas in June, Elon Musk Says
Tesla CEO Elon Musk told investors last year that the company was aiming for a 2025 launch of its self-driving service in California and Texas. The company appears to be on track to hit that target. Musk said during Tesla's fourth-quarter earnings call on Wednesday that the automaker is on pace to launch its self-driving service as early as June 2025,
Tesla Stock Slips
Tesla earnings: Stock turns higher as Musk promises fully autonomous robotaxi as soon as June
Tesla reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses to focus on news the company kept its goal to launch cheaper EVs in the first half of the year and vowed to have fully autonomous cars on the roads in Austin,
Tesla Stock Slips After Earnings
Coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.
Tesla Stock Slips After Opening Higher
Tesla stock opened up 5.5% at $410.50 before slipping. The initial rise was a surprise for two reasons. For starters, earnings were relatively weak and guidance was “vague,” according to Morgan Stanley analyst Adam Jonas.
5h
on MSN
Can Tesla finally deliver affordable electric cars in 2025?
Still, Tesla needs a less-expensive model, as more affordable options are coming from a number of competitors. The ...
1d
on MSN
Tesla Supplier STMicroelectronics Forecasts Sales Decline Amid Weak Demand for Legacy Chips
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for ...
11h
Tesla’s ‘Supercharged Narrative’ Shreds Stock’s Valuation Models
Tesla Inc.’s quarterly results this week drove home the lesson that profit and sales numbers don’t seem to matter much for ...
4d
Tesla investors pin hopes on cheaper EV model to boost sales after lackluster 2024
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on ...
1d
on MSN
Tesla Q4 results fall short of forecasts. Musk sees unsupervised full self-driving in Texas in June
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
Futurism on MSN
1d
Tesla's Profits Are Falling Off a Cliff as Elon Musk Self-Immolates
Tesla's net profits for the fourth quarter of 2024 plunged by over 70 percent compared to the same period the year before.
7d
on MSN
Tesla sales in Europe are sliding. That's a problem for Elon Musk.
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a ...
3d
on MSN
Will Tesla’s projected sales growth survive ‘Trump 2.0’? Here’s what to know.
Tesla is slated to report quarterly earnings after the bell on Wednesday, with all eyes on whether its rosy 2025 sales growth ...
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