Tesla's Q4 2024 earnings show a significant decline compared to Q3 2024. Here are the key points:
Net Income Decrease: The net income for Q4 2024 is not provided, but we know it's a significant decrease from the $2.18 billion reported in Q3 20241.
Revenue Decline: Although not directly stated, the revenue decline is implied since the net income, which is a profit figure, has decreased. A drop in net income often indicates a decrease in revenue or an increase in costs.
Profit Margin Compression: The compression of profit margins can be inferred, which is a concern for investors as it suggests less efficiency or increased costs relative to sales.
TSLA Net Income YoY, Net Income
Source:
1.
TSLA Net Income in 2024Q4, 2024Q3
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