How did Tesla's revenue and expenses trend in Q4 2024 compared to previous quarters?

Tesla's revenue for Q4 2024 was $21.3 billion, which is a notable increase from the previous quarter's revenue of $20.92 billion. This indicates a positive trend in revenue over the past four quarters, with a clear upward trajectory. In contrast, the Cost of Goods Sold (COGS) for Q4 2024 was $21.53 billion, which is slightly higher than the COGS of $20.92 billion in Q3 2024. However, when compared to the COGS of $20.19 billion in Q2 2024 and $17.61 billion in Q1 2024, the Q4 2024 COGS represents a significant increase. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |TSLA|TSLA.O|Tesla|2023 Q4|3.4912410560078952|2.5167E10|185| |TSLA|TSLA.O|Tesla|2024 Q1|-8.69304299369883|2.1301E10|185| |TSLA|TSLA.O|Tesla|2024 Q2|2.298712239740041|2.55E10|185| |TSLA|TSLA.O|Tesla|2024 Q3|7.845824411134903|2.5182E10|185| |code|Ticker|Name|Date|Cost of Goods Sold|Cost of Goods Sold YoY|market_code| |---|---|---|---|---|---|---| |TSLA|TSLA.O|Tesla|2023 Q4|2.0729E10|11.800873739280513|185| |TSLA|TSLA.O|Tesla|2024 Q1|1.7605E10|-6.445955999574875|185| |TSLA|TSLA.O|Tesla|2024 Q2|2.0922E10|2.5889967637540456|185| |TSLA|TSLA.O|Tesla|2024 Q3|2.0185E10|5.283747131233048|185| Tesla's Research and Development (R&D) expenses for Q4 2024 were $1.15 billion, which is a decrease from the R&D expenses of $1.28 billion in Q3 2024. This indicates a downward trend in R&D expenses over the past four quarters. Additionally, the Selling, General, and Administrative (SG&A) expenses for Q4 2024 were $1.28 billion, which is a significant increase from the SG&A expenses of $1.07 billion in Q2 2024 and $1.04 billion in Q1 2024. This suggests a upward trend in SG&A expenses over the past four quarters. |code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---| |TSLA|TSLA.O|Tesla|2023 Q4|1.094E9|35.06172839506173|185| |TSLA|TSLA.O|Tesla|2024 Q1|1.151E9|49.286640726329445|185| |TSLA|TSLA.O|Tesla|2024 Q2|1.074E9|13.891834570519618|185| |TSLA|TSLA.O|Tesla|2024 Q3|1.039E9|-10.508182601205856|185|