Tesla Q4 2024 Earnings: The Stock Gets Hammered By A Nearly $2 Billion Shortfall In Revenue

Tesla (NASDAQ: TSLA) has now disclosed its earnings for the fourth quarter of 2024, managing to post broadly negative results relative to Wall Street's consensus expectations. Tesla (TSLA) Q4 2024 Earnings Tesla has reported $25.707 billion in revenue for the fourth quarter of 2024, badly missing consensus expectations of $27.3 billion. The reduction in the company's ASP played a major role in this miss. The above chart gives a segmental overview of Tesla's top-line metric. The following snippet summarizes the EV giant’s production activities during the quarter: As we reported earlier this month, Tesla delivered 495,570 units in Q4 2024 against […]