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Tesla fourth-quarter results miss estimates as automotive revenue drops 8% - TL;DR CNBC

Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

Publishing timestamp: 2025-01-29 17:00:01


Summary

Tesla reported disappointing earnings and revenue for the fourth quarter, missing analysts' estimates. The company's stock initially fell in after-hours trading before rebounding. Tesla's automotive revenue fell 8% from the previous year, with operating income declining 23%. CEO Elon Musk's influence on the stock price, plans for autonomous vehicles, and energy business performance were also discussed in the article.


Sentiment: MIXED

Tickers: GOOGLTSLA

Keywords: earningsbreaking news: earningsbusiness newsventure capitalbreaking news: technologyautosalphabet incclimateelon muskdonald j. trumptechnologytesla inc

Source: https://www.cnbc.com/2025/01/29/tesla-tsla-2024-q4-earnings.html


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