Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after market close Wednesday.
Tesla (TSLA) pledged a return to growth in 2025 on Wednesday after fourth quarter results disappointed, capping off a year that saw revenue rise just 1% while profits fell sharply from a year ago. Shares in the EV maker rose almost 3% in pre-market trading on Thursday.
Tesla missed Wall Street’s expectations for the final three months of 2024 but predicted a 'return to growth in 2025.'
Tesla makes its ride-hailing debut with a service starting in June in Austin, where cars will circulate without a driver or supervision.
Tesla is launching its long-awaited robotaxi service in Austin this June, with plans to expand across the US and globally.
Tesla Inc. plans to launch a long-promised robotaxi business and get back to growing vehicle sales after a year of decline in both deliveries and earnings.
Musk first mentioned the robotaxi service idea in October, introducing Tesla’s Cybercab prototype—an autonomous vehicle with no steering wheel or pedals. The plan was initially set for a 2025 launch in Texas and California,
Elon Musk said today that Tesla will launch “unsupervised full self-driving in Austin as a paid service” in June.
Our collective eyebrows raised when Elon Musk said self-driving vehicles were coming to Austin this week. Yes, really. Here is senior reporter Sean O’Kane’s article detailing Musk’s claims, which he made during Tesla’s Q4 earnings call.
The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous. The numbers just don't back it up
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts.