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Tesla, Elon Musk and Robotaxi
Musk Exudes Optimism About Tesla Robotaxis After Earnings Miss
Tesla Inc. fleshed out plans to launch a robotaxi business Elon Musk is counting on to help usher in next phase of growth, after the company posted quarterly earnings that missed estimates.
Tesla earnings call: Elon Musk reveals timeline for driverless cars, humanoid robots
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Elon Musk finally admits that Tesla will have to replace its HW3 self-driving computers
For the better part of the year, we have been reporting that Tesla can’t achieve its promise of “full self-driving on HW3, and it needs to come clean about it. Last October, Tesla CEO Elon Musk finally admitted that it might be the case,
Tesla’s 4th-Quarter Profit Rises Slightly
Tesla profits dropped by 70 percent last quarter
On Wednesday evening, Tesla shared its latest earnings report, covering Q4 of 2024. According to Tesla, the EV company brought in $25.7 billion in total revenue over the final months of last year. SEE ALSO: Tesla stock slides after first-ever delivery drop Those Q4 2024 revenue numbers actually show a nearly two percent increase when compared to the same quarter in 2023.
Tesla’s profits slide over 70 percent in the fourth quarter
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’s Fourth-Quarter Profit Rises Slightly
The electric-car maker reported net income of $2.5 billion, a result driven in part by strong growth in Tesla’s energy business .
14m
A peak under the hood of Elon Musk’s Tesla reveals a worrying trend—its auto business is rusting away
Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe ...
41m
on MSN
Elon Musk says a paid robotaxi service launches in June — and Tesla will dip a 'toe in the water' before expanding it
Elon Musk said Austin residents will be able to pay for a fully autonomous Tesla robotaxi ride in June, with an expansion to ...
3h
Tesla earnings live updates: Promising ‘return to growth’ and cheaper cars
Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after ...
11h
Tesla’s 2024 financial results are out—and they’re terrible
Tesla released its financial results for 2024 on Wednesday afternoon, following the close of the markets. The maker of ...
1h
Tesla announces a ride-hailing service just weeks before Waymo launches with Uber
Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because ...
9h
on MSN
Elon Musk admits that Tesla will have to replace old computers for FSD buyers
Tesla will have to replace HW3 computers with the newer, HW4 version, for Tesla owners who purchased the company's Full ...
19h
Musk Claims Tesla Will Offer Robotaxi By June. Skepticism Is High
The claim of the vehicles driving around, carrying passengers with no driver behind the wheel by June borders on ridiculous.
19h
How to tune into Tesla’s earnings webcast
Everyone from EV fanatics to AI pundits and all the analysts in between are eagerly awaiting Tesla’s fourth-quarter and ...
2h
on MSN
Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed to launch ...
4h
AI Roadmap: Tesla Robotaxi To Launch In June, Rivian Plans L3 Autonomy
While Tesla focuses on its robotaxi launch, Rivian is looking to take hands off the wheel and eyes off the road while ...
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