Tesla earnings are out — here are the numbers
Posted: Jan 29, 2025
- Tesla reported disappointing fourth-quarter results
- Stock fell about 4% in extended trading ($TSLA)
- Revenue increased 2% from a year earlier, but automotive revenue fell 8%
- Operating income decreased 23% year-over-year
- Company cited decreased selling prices as a major factor
- Tesla offered discounts on inventory vehicles and special discounts for buyers referred by another customer
- Company focused on making electric vehicles more affordable
- Elon Musk has been emphasizing autonomy and robotics for the future
- Tesla has not yet produced robotaxis, sells a premium version of automated driving system
- Other companies like Google's Waymo and China's WeRide and Pony.ai are advancing in driverless ride-hailing services.
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - While there is mixed reaction with instances of humor and disbelief, the overall sentiment is leaning negative because of revenue misses, EPS misses, and skepticism about Tesla's growth potential and valuation. Summarized comments: - Missed both top and bottom line estimates but stock reacted positively - Earnings per share (EPS) reported at 73 cents vs 76 cents expected - Revenue reported at $25.71 billion vs $27.26 billion expected - Automotive revenue dropped by 8% - Some users confused by stock rise despite declining revenue and missing estimates - Stock is labeled a 'growth' stock despite recent lack of growth - Rising despite earnings being deemed poor - Operating margin reported at 6% - Comparison to the rest of the automotive industry and skepticism about valuation like a tech company Stock tickers discussed: $TSLA
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