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.
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit
Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.
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'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 Inc. shares have nearly doubled in value since the last time the company reported earnings — a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Tesla Inc.'s fourth-quarter results were a miss, and Tesla shares are down more than 5% in the the extended session Wednesday. The EV maker reported sales of $25.7 billion in the quarter, below FactSet consensus of $27.
Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'
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.
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss