Tesla 2024 profit plummets 71% over cooldown, Musk sees future ‘bright’

Piet Andries

January 30, 2025

The Tesla Cybercab at the Brussels Motor Show 2025. Musk affirms production for next year. /Piet Andries

Tesla reported a sharp decline in profitability for 2024, missing key financial expectations and experiencing its first annual sales drop in over a decade. Despite CEO Elon Musk’s optimistic projections for future growth, the company’s latest earnings report has raised concerns among investors a
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