live Updated 2025-01-30T14:47:17Z
- Tesla reported earnings after the closing bell on Wednesday.
- The EV maker missed Wall Street’s estimates, reporting earnings per share of $0.73 and $25.7 billion in revenue.
- Tesla shares rose as Elon Musk announced unsupervised full-self-driving rides are expected in June in Austin.
Tesla reported fourth-quarter earnings on Wednesday after the closing bell, delivering results that missed Wall Street’s expectations.
Earnings per share were $0.73 compared to estimates of $0.75, while revenue came in at $25.7 billion versus expectations for $27.2 billion.
The company’s energy business also saw strong growth, which analysts highlighted as a bright spot in the earnings report.
Tesla’s stock rose over 3% in volatile after-hours trading following the results after declining by more than 2% in Wednesday’s session.
Wall Street analysts had been bullish headed into the results, with excitement growing for the EV …