Tesla stock dives after earnings, warns of 'slower growth'
TeslaTesla(US:TSLA) Fox Business·2024-01-25 00:15

Tesla fell short of Wall Street expectations in its fourth quarter earnings released after the closing bell on Wednesday, sending shares tumbling more than 5% in extended trading. The electric vehicle giant's revenue rose 3% to $25.17 billion, short of the $25.62 billion expected from analysts, according to LSEG data. The gain marks Tesla's slowest pace of growth in more than three years.ELON MUSK SAYS TO EXPECT ROUGHLY 1 BILLION HUMANOID ROBOTS IN 2040s The Austin, Texas-based company reported a gross marg ...