
Tesla's Energy Revenue Surges 67% to $10B Amid Automotive Dip
Tesla, Inc.Description
What this story covers
Tesla's 2024 revenues rose 1% to 97 point 69 billion dollars, driven by 67% energy growth to 10 point 09 billion dollars, offsetting 6% automotive decline. Net income fell to 7 point 09 billion dollars due to tax adjustments. Strong liquidity at 36 point 56 billion dollars cash supports 11 billion dollars plus capex for AI and expansions, amid risks from competition and regulations.
Story snapshot
CompanyTesla, Inc.
TickerTSLA
VariantStandard detailed
Duration11:31
Filing type10-K
PeriodAnnual 2024
IndustryIndustrials & Manufacturing
Accession0001628280-25-003063
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