On Wednesday evening, Tesla shared its latest earnings report, covering Q4 of 2024. According to Tesla, the EV company brought in $25.7 billion in total revenue over the final months of last year. SEE ALSO: Tesla stock slides after first-ever delivery drop Those Q4 2024 revenue numbers actually show a nearly two percent increase when compared to the same quarter in 2023.
During Tesla's earnings call, Elon Musk mentioned Superman, telescopes, Hollywood, and inventors shouting "Eureka!"
Tesla released its financial results for 2024 on Wednesday afternoon, following the close of the markets. The maker of electric vehicles may have to invest in stocks of red ink, because 2024 results were even less impressive than the already-underwhelming 2023 numbers.
While the initial testing will use Tesla's own fleet of cars, regular customers may be able to add their cars to the ride-hailing fleet next year, Musk says.
Tesla will have to replace HW3 computers with the newer, HW4 version, for Tesla owners who purchased the company's Full Self-Driving (FSD) package. The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek).
While Tesla focuses on its robotaxi launch, Rivian is looking to take hands off the wheel and eyes off the road while enabling drivers to chat with the car.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous. The numbers just don't back it up
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.
Everyone from EV fanatics to AI pundits and all the analysts in between are eagerly awaiting Tesla’s fourth-quarter and full-year 2024 earnings report. And here is how to find the webcast, which is scheduled to kick off at 5:30 p.
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.