Tuesday, 02 January 2024 12:17 GMT

Tesla Q4 Earnings Beats Wall Street Expectations


(MENAFN- AsiaNet News)

EV giant Tesla Inc (TSLA) on Wednesday reported fourth quarter earnings per share of $0.50, below the $0.73 recorded in the corresponding quarter of 2024, but exceeding Wall Street expectations.

Analysts on average were expecting the company to report adjusted earnings of $0.44, according to company-compiled earnings consensus estimates of sell-side analysts.

Revenue for the three months through the end of December came in at $24.9 billion, above a Wall Street expectation of $24.5 billion.  

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