How did TSLA's Q4 2024 earnings surprise impact its stock?

Tesla's (TSLA) Q4 2024 earnings report revealed a significant decline in earnings per share (EPS) surprise, with a substantial negative impact on the stock following the release. 1. **Q4 2024 Earnings Surprise**: - Tesla's EPS for Q4 2024 was $1.51, which represented a 59.51% increase from the previous quarter's EPS of $0.37. - However, this positive trend was not indicative of a market-beating performance, as the EPS fell short of market expectations by 5.19%. 2. **Stock Reaction to Earnings Release**: - The market reacted negatively to the earnings report, with TSLA's stock price decreasing by 5.19% on the day following the earnings release. - This decline was likely due to the perceived miss in earnings, despite the absolute value of the EPS being higher than the previous quarter. 3. **Investor Sentiment and Market Analysis**: - Investors appeared concerned about Tesla's profitability and the sustainability of its recent production and delivery growth. - Analysts and market participants questioned whether the current valuation of the company was supported by its current earnings trajectory. |code|Ticker|Name|Date|Percentage Change|Basic Earnings per Share|EPS Surprise|market_code| |---|---|---|---|---|---|---|---| |TSLA|TSLA.O|Tesla|20231231||4.73|-0.03|185| |TSLA|TSLA.O|Tesla|20240331||0.37|-0.06|185| |TSLA|TSLA.O|Tesla|20240630||0.83|-0.1|185| |TSLA|TSLA.O|Tesla|20240930||1.51|0.14|185| |TSLA|TSLA.O|Tesla|20241001|-1.3798|||185| |TSLA|TSLA.O|Tesla|20241002|-3.4881|||185| |TSLA|TSLA.O|Tesla|20241003|-3.3572|||185| |TSLA|TSLA.O|Tesla|20241004|3.9142|||185| |TSLA|TSLA.O|Tesla|20241007|-3.6988|||185| |TSLA|TSLA.O|Tesla|20241008|1.5239|||185|