Tesla is due to release its Q4 and FY 2024 financial results on January 29, 2025, which analysts anticipate will reflect significant growth. In Q4, the company delivered 495,570 vehicles, totaling nearly 1.79 million for the year, alongside impressive energy deployments. Analysts expect earnings per share to rise to $0.75 while sales are projected to reach $27.2 billion. CEO Elon Musk anticipates 20-30% growth in automotive sales for 2025, supported by new vehicle launches and advancements in AI technology, notably in self-driving capabilities.
In the fourth quarter of 2024, Tesla delivered a total of 495,570 vehicles, contributing to an impressive 1,789,226 vehicles for the entire year.
Analysts project Tesla's Q4 2024 sales to reach $27.2 billion, reflecting a rise from $25.2 billion reported in the same quarter last year.
Elon Musk forecasts 20% to 30% growth in automotive sales for 2025, driven by new Model Y and lower-priced vehicles expected to launch this year.
Musk predicts that Tesla's autonomous software will outperform human drivers by the first half of 2025, highlighting the significance of AI updates for investors.
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