Tesla Stock ‘Somehow’ Rises Despite Big Earnings Miss—As Musk Predicts It Will Be World’s Biggest Company
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 stock (TSLA) is climbing again, shaking off political distractions tied to CEO Elon Musk. Shares edged up 0.3% in ...
The average analyst target price is up about $30 in February, moving it to $380 a share, according to FactSet. That’s the ...
Revenue in the quarter rose 2% to $25.7 billion, less than Wall Street forecast for $27.1 billion, according to FactSet. Tesla offered a series of incentives during the quarter to drum up demand for ...
Tesla stock fell more than 2% after trading closed Wednesday, but rose back up after the report, despite the ...
Tesla would deliver more than 2.1 million cars. Most Wall Street estimates currently range from about 1.9 million to 2.1 million vehicles, according to FactSet.
Revenue rose 2% to $25.7 billion, less than Wall Street’s forecast of $27.1 billion, according to FactSet. Tesla offered a series of incentives during the quarter to drum up demand for its ...
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