During a call with investors and analysts on Wednesday, Tesla CEO Elon Musk said the company is on course to reap immense gains in the coming years due to its development of auton
Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after market close Wednesday.
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 record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
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.
Tesla shares have become a vehicle for investors to wager on Musk himself, rather than the company. That has advantages, but also poses risks.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Tesla reports fourth-quarter earnings on Wednesday afternoon. Investors will be listening for the company's sales outlook and its plans for a cheaper EV.
Tesla announces that all V4 Superchargers in North America can now charge with up to 325 kW. As the only Tesla-owned model, only the Cybertruck can currently
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
It’s been three months since Tesla unveiled details of its much-anticipated robotaxi for the first time, and the electric automaker is already barreling forward with plans to launch a paid service. In a Tesla earnings call Wednesday evening,