The company "Tesla" announced its revenues and the fourth quarter of 2024, which turned out to be lower than analysts' forecasts. The company's revenues increased by 2% from $25.17 billion to $25.71 billion, compared to the previous year, while $27.26 billion was expected.
Revenue from vehicle sales decreased by 8% to $19.8 billion from $21.56 billion for the same period of the previous year, including $692 million from regulatory credits. The result on the stock was 73 cents, which is lower than the expected 76 cents.
Operating income fell by 23% at the annual rate to $1.6 billion. The start of trading was characterized by a decrease in stock prices, however, it later recovered.
