Tesla to report fourth-quarter earnings amid declining car delivery numbers

Tesla will report earnings for the fourth quarter of 2024 on Wednesday after US stock markets close, capping a bruising year for the company’s sales but a stellar one for its stock price.Wall Street analysts predict the company’s earnings-per-share will come in at $0.62 and revenue will be $27.22bn.Elon Musk’s electric carmaker has struggled in recent years to compete with cheaper alternatives to its electric vehicles from competitors such as China’s BYD, which overtook Tesla in the last quarter of 2023 to ...