Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla

During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in revenue. That represents a 1.9 percent increase year over year compared to $25.2 billion in revenue in Q4 2023 and a 70 percent decrease in net income. (The company’s net income in Q4 2023 includes a one-time non-cash tax benefit of $5.9 billion.)

Tesla just released its Q4 2024 earnings results, and the stock is reacting in after-hours trading. The EV company reported earnings-per-share (EPS) of $0.73/share and revenues of $25.7 billion, missing Wall Street analyst estimates of $0.76/share and $27.3 billion.

Coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.

Tesla shares opened up 3.6% in Frankfurt trading on Thursday, even as quarterly results at the U.S. electric vehicle maker fell short of Wall Street expectations. Tesla said it was on it was on track to roll out new,

The electric-car maker reported net income of $2.5 billion, a result driven in part by strong growth in Tesla’s energy business.