One week has passed in the role of Elon Musk Cost head For Trump’s administration, but today, the hustle and bustle of his side as CEO of Tesla occupies the headquarters with the company’s issuance The latest profit report.
During the fourth quarter of 2024, Tesla said it had received $ 2.3 billion from net income at $ 25.7 billion of revenues. This represents an increase of 1.9 percent on an annual basis compared to $ 25.2 billion of revenues in the fourth quarter of 2023 and a 70 percent decrease in net income. (The net income of the company in the fourth quarter of 2023 includes a single -time tax subsidy for $ 5.9 billion.)
The analyst’s consensus expected $ 27.26 billion of revenues, according to the average estimates Collected by Lseg. For the whole year, Tesla said it had received $ 7.1 billion of net income at $ 97.7 billion of revenue, a 6 % decrease compared to 2023.
The analyst’s consensus expected 27.26 billion dollars in revenue
Tesla said it sold 692 million dollars of organizational credits to other car manufacturers in the fourth quarter, which represents about a quarter of its profits. For the whole year, she sold about $ 2.8 billion of credits, but Trump said he wanted it Kill the emissions program in California This allows Sala to run in these credit sales.
Tesla said it made progress in reducing the cost of sold goods (COGS) for the squad of her car to less than 35,000 dollars, which is its lowest level so far. This company attributes this to “improving the cost of raw materials”. He repeated his intention Enter in EV more at reasonable prices Later this year. At the same time, hand over Y Update model It is expected in the first quarter of this year.
The company said in a letter to shareholders: “Preparations are taking place across our current factories to launch new products in 2025, including more models at reasonable prices.”
Tesla shared S0ME updates on its efforts to develop full autonomous vehicles. Tesla said that her drivers have now cumulatively paid more than 3 billion miles on full self -driving (underlined) as of January. It also claims that it increased the artificial intelligence training account by more than 400 % in 2024. He says that it remains on the right path to “cancel the insurance of the non -supervising FSD option to oversee our customers and Robotaxi works, which we expect to start later later this year in parts of United States. ” The company said that FSD is also coming to Europe and China.
Tesla also said she made progress in developing manufacturing. She shared new photos of the newly completed Shanghai Megabak Factory, in addition to the next truck factory in Nevada, where production is scheduled to start later in 2025.
There was another interesting picture in the profit report, the GPU Training Group, which has a value of 50,000 companies in Giga Texas, called “Cortex”. According to the company:
The dandruff helped enable the V13 of the FSD (supervised) 1, which includes significant improvements in
Safety and comfort thanks to an increase of 4.2x in data, high -resolution video inputs, and 2x reduction
At the time of the transmission of the photon to control and the designed control unit, among other improvements. FSD
(Underlined) You can now start from the park and perform the capabilities of Unpark, Relation and Park.
Regarding Cyberrtruck, Tesla said she expects to become polarization soon qualified to obtain a $ 7,500 federal tax credit, “helping to improve the ability to bear costs and reach more customers.” Of course, Trump pointed out his intention to cancel tax credit at some point in the future.
Tesla included an interesting scheme in the shareholders ’speech that defines new technologies in Cyberrtruck, which will also appear in the future company cars. It is not surprising that the company is not interested in using the outer structure of stainless steel, which is difficult to manufacture incredibly, in any subsequent models.
The profit report comes in the wake of a Disadvantive production and delivery reportThe company revealed that its sales decreased a year throughout the year for the first time in more than a decade. Despite the arrival of a Y Model in North AmericaThe Tesla collection appears slightly increasing, especially in the most important market for the company in China, where local automaker companies Go out New, cheap technology impressive EVS.
But it also comes at a time when Musk continues to unify power within the US government, Installing former employees on major jobs And supervision A large cleansing of federal workers may. It is said that musk Sleeping in the government efficiency section In Washington, DC – his habits to sleep on the floor of Tesla Factory during the Model 3 production slope.
Investors have repeatedly asked about Tesla’s plan to issue a more affordable model. Last year, the company Abandoning her plan To build a “model 2” vehicle at reasonable prices, it cost about $ 25,000. But after a violent reaction from investors, musk Associated with Although it is still unclear whether it is completely new or just a 3 -year -old model. Musk said Cybercab two seats It will be available for purchase for $ 30,000, starting in 2026 Production challenges Waiting on the horizon.
Musk and other executives in Tesla will be ready to answer the questions during Online broadcast at 5:30 pm Easter time.
