Net income also took a nosedive, dropping by a massive 55% to $1.13 billion. These figures point toward a difficult period for the company, with its aggressive price cuts squeezing profit margins and mounting competition challenging its once dominant position. Traditional aut...
Tesla reported revenue and profit for the fourth quarter that missed analysts' estimates as automotive revenue increased just 1% from a year earlier. The stock slid almost 6% in extended trading. Here are the key numbers: Earnings per share: 71 cents, adjusted vs. 74 cents expected by LSEG, ...
The company also credited its energy business as a revenue and profitability driver. Tesla has already deployed more battery storage products this year than it did in all of 2023. In a regulatory filing, Tesla disclosed that it recognised $326 million in revenue during the quarter related to ...
Revenue.This is the money Tesla is bringing in. You multiply the vehicles in either that quarter or year by the average sales price (ASP) per vehicle. This is the money Tesla is getting from selling its products and services. Gross Profit.This is calculated by subtracting all of the costs...
Revenue and Net Profit billions $ 100100050-502021201620172018201920202021 Number of employees 1000000500001000001500002024201620172018201920202021202220232024Assets Owners + Tesla + Musk Elon + Larry Ellison + Musk Kimbal (Kimbal Musk)Main Article: Electric Vehicles (Global Market) Financial performance Main artic...
REVENUE Tesla posted total revenues of $24.318 billion, a 37% YoY growth, with a gross profit of $5.777 billion in the fourth quarter. This represents the highest quarterly revenue for the company to date. In comparison, analysts expected Tesla to post revenue of about $23.6 billion in Q4 ...
Profit margins were bolstered by $739 million in automotive regulatory credit revenue during the quarter. Automakers are required to obtain a certain amount of regulatory credits each year. If they can't meet the target, they can purchase credits from companies such as Tesla, which has excess ...
Revenue in the quarter rose 2% to $25.7 billion, less than Wall Street forecast for $27.1 billion, according to FactSet. The slight rise in revenue came after Tesla offered a series of incentives to drum up demand for its electric vehicles, including low-inte...
The slight rise in revenue came after Tesla offered a series of incentives to drum up demand for its electric vehicles including low-interest loans and lower prices. Earlier this month, Tesla said it sold 1.79 million vehicles in 2024, the first drop in more than a dozen years despite offers...
Analysts expect Tesla to postrevenueof $27.27 billion for the fourth quarter, withnet incomeexpected to come in at $2.31 billion, or 65 centsper share. In the same quarter last year, Tesla recorded $25.17 billion in revenue and $7.93 billion in net income, as profit was boosted by more ...