Comparison of GM and Tesla Q4 earnings - GM beats expectations, Tesla misses estimates.
From Nasdaq: 2025-01-31 21:56:00
General Motors and Tesla reported their Q4 results, with GM delivering 42,000 EVs and Tesla posting record deliveries of 495,570 vehicles. GM’s Q4 sales of $47.71 billion and EPS of $1.92 beat expectations, while Tesla missed estimates with Q4 sales of $25.7 billion and EPS of $0.73.
For FY24, GM’s total sales were up 9% to $187.45 billion, with earnings per share at $10.60. GM expects FY25 EPS of $11.00-$12.00 per share. Tesla’s FY24 sales were up 1% to $97.69 billion, with EPS at $2.42. Tesla aims for 20%-30% growth in vehicle deliveries for FY25.
Both GM and Tesla stock are currently rated as Zacks Rank #3 (Hold). GM has a consistent earnings track record, while Tesla’s growth trajectory is promising. Zacks Research has identified a stock with the potential to double, offering innovative financial solutions with significant growth potential.
Read more at Nasdaq: GM Vs Tesla Stock: Which is the Better Investment After Q4 Earnings?
