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Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.
Tesla’s third-quarter net income rose 17.3% compared with a year ago on stronger electric vehicle sales, and an optimistic CEO Elon Musk predicted 20% to 30% sales growth next year. In its ...
Tesla said it sold about 1.79 million cars in 2024, down slightly from a record 1.8 million sales in 2023 and its first year-over-year decrease since becoming a major player.
Revenue came in slightly below analysts' expectations at $25.18 billion for the quarter, an 8% year-over-year increase. Tesla's gross margin, which is closely watched by Wall Street, rose to 19.8%.
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The profit was nearly ...
Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire ...
Tesla reported its first quarter earnings today, easily beating both earnings-per-share (EPS) and revenue estimates, which at $10.3 billion are 74% up year over year. To top the news, CEO Elon ...
Tesla posted adjusted earnings per share of $0.72 vs. $0.60 expected, on adjusted net income of $2.5 billion and free cash flow of $2.9 billion. The closely watched gross margin figure came in at ...