Categories AlphaGraphs, Consumer, Industrials

TSLA Earnings: Key quarterly highlights from Tesla’s Q3 2024 financial results

Tesla Inc. (NASDAQ: TSLA) reported its third quarter 2024 earnings results today.

Total revenues increased 8% year-over-year to $25.1 billion.

Net income attributable to common stockholders increased 17% to $2.17 billion, or $0.62 per share, compared to last year. Adjusted EPS rose 9% to $0.72.

Earnings beat estimates but revenue fell short.

At quarter-end, cash, cash equivalents and investments totaled $33.6 billion.

Tesla said that despite ongoing macroeconomic conditions, it expects to achieve slight growth in vehicle deliveries in 2024. Energy storage deployments are expected to more than double year-over-year in 2024.

The stock jumped over 8% in aftermarket hours on Wednesday following the earnings announcement.

Prior performance

Tesla Q2 2024 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

STZ Infographic: A snapshot of Constellation Brands’ Q4 2025 report

Constellation Brands, Inc. (NYSE: STZ) Thursday announced financial results for the fourth quarter of fiscal 2025, reporting an increase in adjusted earnings. Fourth-quarter net sales edged up 1% year-over-year to

Key highlights from CarMax’s (KMX) Q4 2025 earnings results

CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased

American Express (AXP) likely to report higher Q1 revenue and profit

American Express Company (NYSE: AXP) has continued its profitable growth trajectory amid stable demand for its services and strong consumer engagement. That is despite a slowdown in spending among small

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close