Reported about 18 hours ago
Tesla's stock rose 4% in after-hours trading following the company's commitment to return to growth in 2025, despite disappointing fourth-quarter results with revenue up only 2% year-over-year and profits down sharply. The company reported $25.7 billion in Q4 revenue, missing expectations, while annual production and delivery numbers declined. Tesla plans to counter these challenges with new vehicle models and advancements in vehicle autonomy, aiming for growth in its auto business by 2025.
Source: YAHOO