earnings
confidence high
sentiment neutral
materiality 0.85
Tesla Q4 GAAP EPS $0.66, non-GAAP $0.73; deliveries up 2% YoY; energy storage record
Tesla, Inc.
2024-FY EPS reported
$2.04
revenue$97,690,000,000
- Q4 revenue $25.7B (+2% YoY); GAAP net income $2.3B ($0.66 diluted EPS); non-GAAP net income $2.6B ($0.73 EPS).
- Automotive revenue $19.8B (-8% YoY) with vehicle deliveries 495,570 (+2%); COGS per vehicle hit all-time low under $35k.
- Energy storage deployments surged to 11.0 GWh (+244% YoY), record gross profit for Energy segment.
- FY 2024 cash flow: operating $14.9B; free cash $3.6B; cash & investments $36.6B (up $7.5B).
- Full year 2025 outlook: vehicle growth expected; energy storage to grow at least 50% YoY; new affordable models in H1.