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Tesla’s profits slide over 70 percent in the fourth quarter
The company faces a number of questions about its future, including its plan to release more affordable models.
Tesla profits dropped by 70 percent last quarter
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the company actually made after subtracting its expenses from its revenue total. That's a whopping 70 percent decrease in net income compared to Q4 2023.
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla's CFO says tariffs would ‘have an impact' on company's profitability
Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs.
21h
on MSN
State officials renew attempt to extend JobsOhio’s lucrative lease on state liquor profits
After a false start last year, a state board is slated to vote Monday on extending JobsOhio’s lease of state liquor profits ...
2d
Big Retailers Find Big Profits Imitating Amazon’s Ad Business
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...
2d
Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...
1d
on MSN
Exxon, Chevron Yearly Profits Down as Investor Payouts Hit Fresh Highs
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
4d
on MSN
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...
2d
Russian banks reap record profits in 2024, helped by high rates and loan growth
Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...
2d
One reason your power bill is high: Baked-in profits that critics call excessive
Customers across the state are facing steep power bills from the state’s three main investor-owned power companies.
3d
on MSN
Non-profits, health and LGBTQ advocacy groups sue Trump admin over federal aid freeze
Non-profit and health groups, including an LGBTQ+ advocacy group, sued the Office of of Management and Budget (OMB) over a ...
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