Tesla, Inc. (TSLA)
Tesla, Inc. (TSLA) Q4 2024 Earnings Call Transcript
Tesla, Inc. (NASDAQ:TSLA ) Q4 2024 Earnings Conference Call January 29, 2025 5:30 PM ET Company Participants Travis Axelrod - Head of IR Elon Musk - CEO Vaibhav Taneja - CFO Lars Moravy - VP, Vehicle Engineering Ashok Elluswamy - Director, Autopilot Software Conference Call Participants Daniel Roeska - Bernstein Adam Jonas - Morgan Stanley Pierre Ferragu - New Street Dan Levy - Barclays Operator Good afternoon, everyone and welcome to Tesla's Fourth Quarter 2024 Q&A Webcast. My name is Travis Axelrod, the Head of Investor Relations here at Tesla, and I am joined today by Elon Musk and Vaibhav Taneja and a number of other executives.
Tesla reports $600 million bitcoin profit jump after digital assets rule change
Tesla's net income was boosted by a recent change in how companies account for their holdings of digital currencies. "Net income in Q4 was impacted by a $600 million mark-to-market benefit from bitcoin due to the adoption of a new accounting standard for digital assets," Tesla said.
Tesla Points to Energy, Robotics Businesses As EV Sales Plummet
Tesla is at a crossroads, one that the electric vehicle (EV) maker with autonomy dreams may not be able to “full self-drive” (FSD) its way out of. The company's fourth quarter and full year 2024 earnings, reported Wednesday (Jan.
Tesla sales disappoint, but Elon Musk vows new cars ‘will be in the wild, with no one in them'
Tesla's driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.
Tesla: The Only Growth Company That Doesn't Grow
Tesla, Inc.'s Q4 2024 results were underwhelming, with minimal revenue growth and declining margins, despite positive performance in the energy and services sectors. Autonomous driving and AI investments have yet to yield significant economic returns, raising concerns about Tesla's high valuation multiples. Despite disappointing fundamentals, Tesla's stock rose in after-market trading, driven by optimistic guidance and strong investor faith in Elon Musk.
Tesla (TSLA) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Tesla (TSLA) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tesla's CFO says tariffs would 'have an impact' on company's profitability
On Tesla's earnings call on Wednesday, finance chief Vaibhav Taneja said tariffs could impact the company's profitability. President Trump is weighing tariffs on China, Mexico and Canada in an effort to protect U.S. business interests.
Tesla Revenue, Adjusted Profit Fall Short; EV Maker Sees 2025 Delivery Growth
Tesla (TSLA) reported fourth-quarter revenue and adjusted profit below analysts' estimates late Wednesday, with the stock first falling and then rising in after-hours trading after the company's report and conference call.
Tesla's Q4: Even Worse Than Expected
Tesla, Inc. missed Q4 estimates on both revenue and earnings, indicating struggles with overcapacity and competition in the EV market. Automotive revenue declined by 8% in Q4, with significant pricing pressure and a 10% drop in revenue per vehicle. The energy business grew by 113%, but wasn't enough to offset the decline in the larger automotive segment, leading to a 20%+ drop in operating profits.
Final Trade: TSLA, GDX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Tesla (TSLA) Q4 Earnings and Revenues Miss Estimates
Tesla (TSLA) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.71 per share a year ago.
Elon Musk claims Tesla will launch a self-driving service in Austin in June
Tesla CEO Elon Musk said Thursday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy.
