Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

Tesla (TSLA) reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook that weighed on the stock, though CEO Elon Musk did confirm that the company’s next-gen vehicle will be coming in the second half of 2025.

For the fourth quarter, Tesla reported top-line revenue of $25.17 billion vs. $25.87 billion (est.), however revenue rose approximately 3% from a year ago. From a profitability standpoint, Tesla reported adjusted EPS of $0.71 vs $0.73 (est.) and…


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