Tesla missed Wall Street’s fourth-quarter earnings estimates despite being helped by a gain in the company’s bitcoin holdings. Shares rose anyway in late trading as nothing really changed in the outlook for self-driving cars and new EV models designed to boost growth.
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.
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.
Tesla's fourth quarter earnings disappointed, but the company's commitment to returning to growth in 2025 saw shares rise in extended trading on Wednesday.
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.
Tesla's fourth-quarter earnings missed Wall Street's estimates, but the stock rose on 2025 guidance and plans for robotaxi rides to begin in June.
Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone
Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.
Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit