CosmicTaco
CosmicTaco

Tesla's Mixed Q4 Results Amidst Strong Energy Growth

  • Tesla's Q4 revenue rose 2.1% to $25.7B, but missed analysts' $27.3B forecast. EPS also fell short at $0.73 vs. $0.76 expected.
  • Energy storage revenue surged 113% to $3.1B, while automotive revenue dropped 8% to $19.8B due to pricing pressures.
  • Despite challenges, Tesla projects significant growth in energy storage and vehicle sales for 2025, with new models and self-driving tech advancements.

Source: Kiplinger, Fool

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9mo ago
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