Among the few positive aspects, the company stressed that it achieved record sales in China, one of its key markets, although it faces challenges such as the possible imposition of tariffs by Trump and the growing competition of local manufacturers.
The Tesla earnings 52% were reduced in 2024 and fell au $ S7.091 million after producing 4% less cars during the year, the company reported. In this context, despite a fall of almost 4% in the Aftermarket, it managed to rebound 3.4%.
Tesla said that in 2024 he produced 1,773,443 vehicles and registered 1,789,226 deliveries, 1% less than the previous year. Its income, which add to car sales the commercialization of electricity storage systems, They were $ 97,690 million, 0.9% less than in 2023.
Tesla Inc. (Tsla) He failed to meet Wall Street’s profit expectations In the fourth quarter, reflecting the challenges facing the company in the face of a decrease in the demand for electric vehicles. Tesla reiterated that her plans to produce more accessible vehicles are still on the way, with the manufacture scheduled to start in the first half of this year. In addition, the launch of the Cybercab is scheduled for 2026.
The company warned that its production strategy, which will combine its current methods with a next generation platform, It will not reduce costs as much as expected above. However, this approach will allow Tesla to increase the volume of production more efficiently in a context of uncertainty.
Elon Musk Tesla
Tesla: What positive data could have changed the market opinion
From Bloomberg they affirm that despite the negative result, Tesla is within the 7 largest technological companies in the US but Tesla distinguished itself from their Microsoft and Meta peers, which also presented balance, for their huge post -election gains that made it difficult to predict the trajectory of this action In the short term.
On the other hand, the company’s prospects are not entirely encouraging, since Tesla has indicated that he expects a rebound in his business until 2025, although he previously projected a 30%growth.
Among the few positive aspects, The company stressed that it achieved record sales in China, One of its key markets, although it faces challenges such as the possible imposition of tariffs by Trump and the growing competition of local manufacturers.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
