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’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.

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.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit

Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.

The electric-vehicle maker reports fourth-quarter earnings after the bell Wednesday. Here’s what investors will be watching: Tesla is expected to earn $0.66 a share, or $0.77 on a non-GAAP basis. Net income is expected to be $2.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit

Tesla faces slower vehicle sales growth in 2025 amid political challenges but focuses on AI and autonomous driving to fuel long-term growth.

Tesla's Q4 energy generation and storage revenue of $3.06 billion rocketed 112.9% from a year ago. But that still wasn't enough to please Wall Street, as the FactSet consensus called for a 128.1% surge to $3.

Tesla reported fourth-quarter free cash flow of $2.03 billion, down from $2.06 billion a year ago and well below the $2.74 billion seen the previous quarter. But FCF was well above the FactSet consensus of $1.

Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'