Tesla's (TSLA) 2024 earnings trend shows a general upward trajectory, with net income increasing in each quarter compared to the previous one1:
Growth Trend: The net income for the first quarter of 2024 was $1.14 billion. This figure increased to $1.49 billion in the second quarter, $2.18 billion in the third quarter, and $2.33 billion in the fourth quarter1.
Quarterly Comparison: Each subsequent quarter showed a higher net income than the previous one, indicating a strong financial performance and consistent growth throughout the year.
Yearly Summary: The cumulative net income for the year 2024 was $7.14 billion, which is the sum of the net incomes for all four quarters. This figure suggests that Tesla had a robust and improving financial performance over the course of the year.
TSLA Net Income YoY, Net Income
Source:
1.
TSLA Quarterly Net Income in 2024
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