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

https://m.facebook.com/story.php?story_fbid=2069436850145993

50 States, 50 Protests, 1day

Feb 5 @ your downtown.

Value investing is basically dead, isn't it? Am I crazy? How can you objectively evaluate a company's value, notice it is undervalued, and then trade accordingly when price action does not even slightly track the company's value?

So more than a third of their net profits come from selling credits they received from the government? Am I understanding that correctly?

If any other company dropped net profits by 71% they’d be firing their CEOs (well giving them a golden parachute to gtfo) and having some major shake ups.

https://fortune.com/2025/01/29/tesla-shares-rally-2025-earnings-growth/

Tesla shares rally on pledge to return to growth in 2025

Continuing the bullshit from 2022, where Musk promised a typical year would have growth of 50!!

Tesla plans to launch its autonomous ride-hailing service in Austin in June

Hows that going Elron?

“This is not some far off mythical situation,” Musk said on the company’s call with analysts. “It’s literally five months away.”

So it's been LITERALLY running for more than a half year now? Or is it still a no show, like the 7 previous years FSD should have been here?

We can do this TODAY.

He has said that so many times, on so many things, and it's always a lie. FSD, Convoys of trucks that are cheaper than trains! Tesla being able to park. which it still can't do reliably. And this is the very beginning of the claim that a Tesla can drive across the country (USA) to pick you up!

Did ANYONE believe his bullshit ever, do people believe he will build a manned base on Mars eventually? A base that should have been up and running I think it was 2022!!!

How is this man not in jail?

Oh right, probably much the same way Trump is not in jail. USA is an oligarchy moving towards a fascist dictatorship!!

Ah, but you've forgotten the real money maker.

• Having full control over the regulatory authority that currently prevents him putting his automated deathtrap taxis on the roads

Turns out it's much cheaper to buy governments than it is to perfect self driving technology.

Net Profits: Dropped by 71% to $2.3 billion in Q4 2024.

Since when 2.4 billion net profit is terrible?

"Yes, we earned billions but it's actually less than the year before!" Dude, go out and touch some grass...

That’s ok, I’m sure a big government bailout is on the horizon for JUST the struggling, American EV auto maker, because their CEO sucked the president’s dick the best.

several key points highlighted

Lists nearly a dozen items 🤣

I wouldn't buy a Tesla even if Elon wasn't a Nazi and a Zionist.

it's ok, the president will make some rediculous executive order like "all federal vehicles must be tesla", then do no price haggling or something and it'll pull him right out of that bind.

Sadly I don't think I'm joking.

People don't want Swasticars? Huh.

Tesla’s share price increased by 103% over the same period.

It's funny when people cry about crypto being a scam when the entire "economy" is a casino based on genocide tokens.

Ah so only the unverifiable services that don't require an easily trackable commodity did well.

I wish I could make up income too.

aims to grow automotive sales by more than 60% in 2025.

I think this is being reported incorrectly in a lot of places.

They said the new vehicles they're launching in H1 2025 will allow them to grow 60% to the 3 million capacity they have.

They did not say in 2025, but it looked like it could be interpreted as 2025 without saying it.

Good.

You can't base their company value on the stock market ... you base it on how much power and influence they have over government.

And judging by the amount of stupidly arranged love affair they are having with the government .... they should be very highly valued.

So they are making bank on storage and energy, but they are allowing Trump and the EPA to ruin it? Also he makes electric vehicles and Trump and Co are trying to bring back gas guzzlers and straight pipes. Hmmm. I think Elons mouth wasn't sufficiently moist enough for trump.

pop?

Neat.

i guess time to short it? seems like a bubble

I'm glad for them.

they don't make electric vehicles. they make human sized battery powered over engineered poorly designed toys that were somehow street legal.

Credits aside, these dont seem like bad numbers when compared to spend/investment. Tesla management got what they wanted.