Tesla Inc
TSLA-
Tesla Inc. declined 1.9% to $350.25, and a Delaware judge upheld the previous judgment to deny chief executive Elon Musk the right to receive a pay package worth $56 billion in 2018.
Following the previous judgment issued by Chancellor Kathleen McCormick in January, Tesla moved its incorporation to Texas from Delaware and ratified the annual pay plan through a shareholder vote in June.
Tesla sought Chancellor Kathleen to reverse her opinion after the shareholder vote.
“Were the court to condone the practice of allowing defeated parties to create new facts for the purpose of revising judgments, lawsuits would become interminable,” wrote McCormick in a judgment released on Monday.
Tesla said on a social media platform, X, it plans to appeal the decision.
Dec 3, 2024 -
Tesla Inc. jumped 15.6% to $249.57 after the electric vehicle maker reported better-than-expected profit in the third quarter.
Total revenue in the third quarter increased 8% to $25.2 billion from $23.4 billion, net income attributable to shareholders advanced 17% to $2.2 billion from $1.9 billion, and diluted earnings per share rose 9% to 72 cents from 66 cents a year ago.
Vehicle delivery in the quarter increased 6% to 462,890 from 435,059 a year ago.
Oct 24, 2024 -
Tesla plunged 12.2% to $216.18, and the company reported a drop in its automotive unit sales declined for the second quarter in a row.
Moreover, the company's discounts and financial incentives lowered its profitability.
Revenue in the second quarter increased 2% to $25.5 billion from $24.9 billion, net income attributable to shareholders plunged 45% to $1.5 billion from $2.7 billion, and diluted earnings per share plunged to 52 cents from 91 cents a year ago.
Jul 24, 2024 -
Tesla jumped 12.4% to $162.25 after the electric vehicle maker reported a decline in sales and earnings, but the company's outlook supported market expectations.
Revenue in the first quarter declined 9% to $21.3 billion, net income dropped 55% to $1.13 billion from $2.51 billion, and diluted earnings per share fell to 34 cents from 73 cents a year ago.
In a statement released to investors, Tesla said the volume growth rate in 2024 "may be notably lower than the growth rate achieved in 2023."
The company said it plans to launch "new vehicles, including more affordable models," manufactured on the same production lines without needing additional investment.
The company aims to achieve a 50% increase in annual vehicle production before investing in new plants and equipment.
Apr 24, 2024 -
Tesla declined 8% to $191.10 after the company reported quarterly results and issued a weak 2024 unit sales outlook.
Revenue in the fourth quarter increased 3% to $25.2 billion from $24.3 billion, net income soared 115% to $7.9 billion from $3.7 billion, and diluted earnings per share advanced to $2.27 from $1.07 a year ago.
The latest quarterly income included a one-time non-cash tax benefit of $5.9 billion.
Free cash flow in the quarter increased to $2.0 billion from $1.4 billion a year ago.
In 2023, total revenues soared 19% to $96.7 billion, net income attributable to shareholders jumped 19% to $15 billion, and diluted earnings per share advanced 19% to $4.30.
Vehicles delivered in 2023 increased by 38% to 1.8 million from a year ago, and supercharger stations soared by 27% to 5,952 from a year ago, respectively.
The company said the vehicle volume growth rate in 2024 may be notably lower than the growth rate achieved in 2023 as the company prepares to launch the next-generation vehicle built at its factory in Texas.
Jan 25, 2024
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| Trading Volume | 3,162,170 |
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276.04 - 146.85 |
| Market Cap Full | $ 659B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | 1.8% | -29.5% | 68.4% | 1.3% |
| Q2 | - | 13.9% | 26.2% | -37.5% |
| Q3 | - | -10.9% | -4.4% | -60.6% |
| Q4 | - | 25% | -1.2% | -53.6% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.8 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -24.6 | 7.8 | -13.3 | -16.1 | 20.9 | 11.4 | 17.7 | -10.9 | - | - | - | 17 |
| 2023 | |||||||||||
| 40.6 | 18.8 | 0.9 | -20.8 | 24.1 | 28.4 | 2.2 | -3.5 | -3.1 | -19.7 | 19.5 | 3.5 |
| 2022 | |||||||||||
| -11.9 | -7.1 | 23.8 | -19.2 | -13.6 | -10.5 | 30.3 | -68.6 | -3.8 | -14.2 | -14.4 | -36.7 |
| 2021 | |||||||||||
| 12.5 | -14.9 | -1.1 | 6.2 | -11.9 | 8.7 | 1.1 | 7.1 | 5.7 | 41.1 | 4.3 | -7.1 |
| 2020 | |||||||||||
| 53.2 | 4.3 | -21.6 | 49.2 | 6.8 | 29.3 | 32.5 | 74.2 | -13.9 | -10.4 | 52.8 | 20.2 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 0.7 | 1 | 0.4 | 0 |
| Q2 | 0.8 | 0.7 | 1 | 0.1 |
| Q3 | 0.5 | 1 | 1.4 | 0.3 |
| Q4 | 0 | 1.1 | 2.1 | 0.3 |
| A | 2.04 | 3.6 | 1.6 | 0.2 |