Tesla's Q4 results show revenue growth but declining automotive sales and margins, with gross profit margin dropping to 16.3%, one of the lowest in years. January 2025 car sales plummeted ...
For Q4 2023, Tesla delivered a total of 484,507 cars. Tesla lists Model 3/Y deliveries made up the majority of sales with 461,538 delivered. Meanwhile, the combined Model S and Model X deliveries ...
China-based Li Auto shares surged in their last two sessions after the company unveiled a photo of its second battery ...
Tesla, Inc. reported its Q4 results on Wednesday ... but when a company is priced for massive revenue and earnings growth, a sales decline in real terms (and a small revenue increase in nominal ...
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 ...
The California New Car Dealers Association (CNCDA) has released its Q4 2024 report and Tesla saw its first annual drop in sales: Tesla saw its deliveries go down 11.6% with almost 27,000 fewer ...
Electric vehicle pioneer Tesla (NASDAQ:TSLA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.1% year on year to $25.71 billion. Its non-GAAP profit of $0.73 per ...
Tesla’s Q4 deliveries were at a record 495,570 vehicles compared to EV sales of 484,507 in the prior year quarter. Still, Q4 sales of $25.7 billion missed estimates of $27.5 billion despite ...
Experts say the decline could be caused by a variety of factors, including increased electric competition and backlash to CEO ...
California is the biggest market for electric vehicles in the U.S. and by a wide margin, accounting for nearly 35 percent of all EV sales nationwide. Therefore, declining sales in the state could ...
The sales decline underscores Tesla's challenges following a dip in global deliveries last year that has raised pressure on CEO Elon Musk.