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Tesla sees disappointing fourth-quarter earnings amid declining car deliveries

The Guardian on The Guardian
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries



Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets closed, capping a bruising year for the company’s sales but a stellar one for its stock price.The car company reported $0.73 per share and $25.71bn in revenue, slightly below Wall Street analysts predictions of revenue coming in at $27.22bn. Continue reading…



Source link : https://www.theguardian.com/technology/2025/jan/29/tesla-earnings-weighed-vehicle-delivery-numbers

Author : Blake Montgomery

Publish date : 2025-01-29 21:27:59

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian

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