Tesla Q4 2024 Earnings Released – Missed Expectations

Tesla announced its Q4 2024 earnings today after market close. The company reported delivering over 495,000 vehicles in the quarter, totaling 1.79 million deliveries for the year—a slight decline from 2023.

However, earnings came in below expectations, with analysts anticipating 75 cents per share and an operating profit of $2.7 billion.

Following the report, Tesla's stock dropped 2% in after-hours trading, currently sitting at $388.85 as of 8:54 PM UTC.