The results of the Tesla fourth quarter are not estimates of Wall Street

The profits adjusted in the fourth quarter of Tesla increased slightly in the middle of a strong push to sell its electric vehicles with zero financing offers and other incentives, but the results have still not succeeded in Wall Street forecasts.

The company of electric vehicles, battery and robotics managed by Elon Musk said on Wednesday that the quarterly net income adjusted for punctual items had increased by 3% to 2.6 billion dollars, or 73 cents per share – less than ‘estimate of 77 cents analysts.

The Tesla action initially dropped after negotiation closure on Wednesday, then reversed the course to increase by more than 4% after Musk told analysts at a conference call that the company was on track to offer technology Undashed not supervised to its customers as a paid service starting in Austin in June.

“He went from a theoretical”, we hope to launch something in 2025 “to a defined calendar,” said Morningstar analyst Seth Goldstein. “It’s a big step forward.”

Tesla has lost market share in several countries as traditional car manufacturers and other electric vehicle companies, such as China Byd, offer customers alternatives. Its actions has nevertheless increased, increasing by more than 50% since President Donald Trump was elected, on the optimism of investors according to which Musk’s advisory role in the new administration will help the company.

In his letter to the shareholders and when the analyst’s call, Tesla, he hoped to increase sales by reducing the cost of his vehicles, stressing that a cost measure was below $ 35,000, the lowest of His story. He said that the production of “more affordable” models should start in the first half, with Musk stressing that “maximizing volume” was priority.

But then he quickly pivoted during the conference call for other objectives and parts of the company, and the stock began to climb.

“AI and robotics-which will bear immense fruits,” he said, adding “I see a path, I do not say that it is an easy path, but I see a path for Tesla being The most precious company in the world – by far, not even close, “jumps for Apple, Microsoft and Nvidia. Dollars.

Tesla’s unresolved profits for the period from October to December have decreased spectacularly, although the time of year was a bad comparison because the results included a large single tax service. The company said that it had carried out $ 2.31 billion in the last quarter, down 71% against the benefit of $ 7.93 billion in the same period in 2023.

Revenues increased by 2% to 25.7 billion dollars, less than Wall Street forecasts by $ 27.1 billion, according to FactstSet. Tesla offered a series of incentives during the quarter to increase demand for its electric vehicles, including low interest loans and lower prices. Tesla’s gross profit margin fell to 16.3% for the quarter, down 1.3 percentage points compared to the previous year.

Earlier this month, Tesla said Sold 1.79 million vehicles In 2024, the first drop of more than a dozen years despite 0%financing offers, free load and low -cost leases. The fourth quarter has shown signs of rebound, with a record of 495,570 vehicles sold.

“The Bulls obtained what they wanted, and the Bears also obtained data to support them,” said Wedbush analyst Dan Ives, a big fan of the stock. “But ultimately, what will lead the stock is an autonomous driving, and it is the bullish that I have never heard Musk.”

For the full year, Tesla published profits before unique items of $ 8.42 billion, down 23% compared to the previous year.

Investors expect Musk’s close relationship with Trump to result in lighter regulations on the automotive business, fewer surveys and help accelerate the development of autonomous driving.

But the Trump administration has also promised to reduce government incentives to customers to buy electric vehicles and said it has served issues. The latter could in particular harm Tesla because he has a large company in the sale of “regulatory credits” to other car manufacturers who are not below standards.

The latest financial report has shown that in the fourth quarter, Tesla sold $ 692 million in these credits, a money tap that could be deactivated if Trump follows her wish.