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Tesla’s profits continue to decline in Q4 2024

ArenaEV
Tesla published its earnings report for Q4 2024 and it’s not looking great. Even though the company recorded a 1.9% revenue growth year-over-year from $25.2 billion to $25.7 billion, the net income fell a staggering 70%. That makes only $2.3 billion in profit in Q4 2024. Tesla fell short of analysts’ expectations in both indicators and even recorded a 6%… Read more…

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