Tesla Points to Energy, Robotics Businesses As EV Sales Plummet
Tesla(TSLA) PYMNTS.com·2025-01-30 08:52
Tesla is at a crossroads, one that the electric vehicle (EV) maker with autonomy dreams may not be able to “full self-drive” (FSD) its way out of.The company’s fourth quarter and full year 2024 earnings, reported Wednesday (Jan. 29), reveal a business grappling with internal challenges and external pressures that have culminated in a decline in profitability.For the fourth quarter of 2024, Tesla reported a 70% decrease in net income compared to the same period in 2023. This sharp decline was partly attribut ...