Tesla Inc (NASDAQ: TSLA) shares surged 4% in after-hours trading despite missing Wall Street’s fourth-quarter revenue estimates. The electric vehicle (EV) giant reported revenue of $25.71 billion, below analysts’ expectations of $27.23 billion, as demand slowed. Adjusted earnings per share stood at $0.73, missing the $0.76 consensus.
Tesla’s gross margin was 16.3%, while its operating margin hit 6.2%, reflecting ongoing pricing pressures and competition in the EV market. The company has faced challenges, including increasing competition, fluctuating consumer demand, and strategic price cuts aimed at sustaining sales momentum.
Despite these hurdles, Tesla remains optimistic about its long-term growth. The company expects the Model Y to maintain its position as the world’s best-selling vehicle in 2024. Additionally, Tesla outlined its upcoming Cybercab robotaxi, which will use an "unboxed" manufacturing process. Production is set to ramp up in 2026, with a U.S. rollout of its robotaxi business anticipated this year, pending regulatory approval.
Looking ahead, Tesla projects over 60% production growth beyond 2024 levels before further manufacturing investments are needed. The company is also advancing its supervised Full Self-Driving (FSD) technology, targeting launches in Europe and China by 2025.
With a focus on innovation and expansion, Tesla continues to navigate a competitive market while preparing for a new phase of growth. Investors reacted positively to the forward-looking outlook, driving the stock higher in after-hours trading.


Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Instagram Outage Disrupts Thousands of U.S. Users
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 



