Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - US
The Guardian - US
Technology
Blake Montgomery

Tesla sees disappointing fourth-quarter earnings amid declining car deliveries

aerial view of dark grey car in parking space in front of white chargers
Tesla cars charging at a Tesla supercharger in Novato, California, on 2 May 2024. Photograph: Justin Sullivan/Getty Images

Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets closed, capping a bruising year for the company’s sales but a stellar one for its stock price.

The car company reported $0.73 per share and $25.71bn in revenue, slightly below Wall Street analysts predictions of revenue coming in at $27.22bn. Profit also declined year-over-year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.