Tesla Earnings News 2024. Vehicle production declined around 1.7% from a year earlier and 12.5% sequentially for tesla, not nearly as steeply as the 8.5% annual drop. Tesla will try to stem the bleeding on its earnings call after its worst sales quarter in four years, a round of price cuts, and a sinking share price.
The print is likely to be ugly: The electric vehicle manufacturer brought in $25.1bn in revenue and posted $.71 in earnings a share in the fourth quarter of 2023, missing analyst expectations of.
Vehicle Production Declined Around 1.7% From A Year Earlier And 12.5% Sequentially For Tesla, Not Nearly As Steeply As The 8.5% Annual Drop.
The company's total revenue saw a decrease of 9% year.
Tesla Will Try To Stem The Bleeding On Its Earnings Call After Its Worst Sales Quarter In Four Years, A Round Of Price Cuts, And A Sinking Share Price.
Tesla’s automotive revenue declined 13% year over year to $17.38 billion in the first three months of 2024.
Tesla’s Q1 2024 Earnings Call, Which Is Expected To Be Attended By The Company’s Leadership, Is Expected To Be Held At 4:30 P.m.