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Tesla’s 2024 financial results are out—and they’re terrible

Summary by Ars Technica
40 percent of its profit came from selling regulatory credits.

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Tesla recorded a 52.7% drop in its net profits of 2024, to $7.091 million, after reducing its automobile production by 4%, according to the manufacturer of electric vehicles. The company produced a total of 1,773,443 vehicles and delivered 1,789,226 units throughout the year, representing a 1% decrease compared to 2023. Its revenues, which add to the sales of automobiles the commercialization of electricity storage systems, stood at 97,690 milli…

·Madrid, Spain
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The Tesla car brand finished 2024 with a net profit attributed of 7,091 million dollars (6,806 million euros to the current warming), which is 53% less than in 2023, according to the data published by the company. However, the revenues were 97,690 million dollars (93,776 million euros), 1% above the data of the previous year. As for the operating profit of Tesla, in 2024 it recorded a fall of 20% to 7,076 million dollars (6,792 million euros), w…

Half the profits of the company do not come from the sale of their cars

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The Verge broke the news in United States on Wednesday, January 29, 2025.
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