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Tesla sold about 1.79 million cars in 2024, it said Thursday, down slightly from last year's record 1.8 million sales and its first-ever year-over-year decrease since becoming a major player.
With profits slated to rebound only somewhat this year, however, that is a bold call. Just two weeks ago Tesla shares hit a record $488, giving it a market cap greater than the entire auto ...
Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion.
The profit was nearly five times larger than the $331 million Tesla made in the same quarter a year ago. Excluding special items such as stock-based compensation, Palo Alto, California-based Tesla ...
The year-over-year global sales drop is Tesla’s first since 2011, according to figures from analytics firm Global Data. The company sold 1,306 vehicles in 2010, but that dropped slightly to ...
It was Tesla’s first year-over-year quarterly profit increase of 2024, a year plagued by falling sales and prices. Revenue in the quarter rose 7.8% to $25.18 billion, falling short of Wall ...
That brings the year-to-date decline to about 12%, with the company valued at $682 billion — still a long way from its record valuation of about $1.2 trillion in late 2021. Affordable EV questions
Tesla reported record quarterly sales in the final three months of last year, but it wasn’t enough for it to hang onto its title as the world’s largest maker of electric vehicles.