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Tesla: EPS up 3% in Q4
(CercleFinance.com) - Tesla on Wednesday evening reported net income (non-GAAP) that is up 3% for Q4 2024, at around $2.
57bn, or $0.73 per share, with an adjusted EBITDA margin improving over 3.4 points to 19.1%. Revenues rose by 2% to $25.7bn, with an 8% contraction in automotive activities offset by 113% growth in energy storage and generation, and 31% in services and other. In Q4, the cost of goods sold (COGS) per vehicle reached an all-time low of less than $35,000, largely thanks to improved raw material costs, Elon Musk's group points out. 2025 will be a pivotal year in Tesla's history, as Full Self-Driving (Supervised) continues to improve rapidly with the aim of ultimately exceeding human levels of safety, it adds. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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