The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.

Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose after the results' release.

Tesla Inc (NASDAQ: TSLA) shares surged 4% in after-hours trading despite missing Wall Streets fourth-quarter revenue estimates. The electric vehicle (EV) giant reported revenue of $25.71 billion, below

Options markets can help investors gauge how Tesla stock might react to earnings. Options give the holder the right to buy or sell a stock at a fixed price at some point in the future. Looking at opti

That said, Tesla remains one of the most expensive stocks in the market right now. There are very few examples where paying 122 times forward earnings turned out to be a good investment. If Tesla’s automation promises end up taking years and years like FSD, there is going to be a lot of downside risk. It might be time to start taking some profit.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: