Tesla reported Q4 revenue slightly up from last year, but missed analyst expectations, disappointing investors

From Nasdaq: 2025-01-29 18:30:05

Tesla (TSLA) reported revenue of $25.71 billion for the quarter ended December 2024, up 2.2% from the previous year, with an EPS of $0.73 compared to $0.71. However, this fell short of the Zacks Consensus Estimate, surprising investors negatively. Key metrics like total vehicle deliveries and revenue were below analyst expectations.

Investors are closely watching Tesla’s performance metrics to gauge its financial health and stock price potential. In the reported quarter, total vehicle deliveries, other models deliveries, Model 3/Y deliveries, and energy generation and storage revenues all fell short of analyst estimates. The company’s gross profit in various segments also missed expectations, affecting its overall performance and stock valuation.

Despite missing analyst estimates on key metrics, Tesla’s stock has only returned -1.4% over the past month, slightly underperforming the broader market. With a Zacks Rank #3 (Hold), Tesla is expected to perform in line with the market in the near term. Investors should monitor future developments and financial reports to make informed decisions regarding Tesla’s stock performance.

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Read more at Nasdaq: Tesla (TSLA) Reports Q4 Earnings: What Key Metrics Have to Say