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Tesla's fourth-quarter profit margin misses estimates

ReutersJan 29, 2025 9:08 PM

- Tesla TSLA.O fell short of analysts' estimates for gross profit margin in the fourth quarter on Wednesday, as the electric-vehicle maker rolled out financing offers and discounts to spur flagging demand for its aging lineup.

The company's gross profit margin stood at 16.3% in the October-December period, lower than estimates of 19.03%, according to 20 analysts polled by LSEG. Tesla posted a profit margin of 19.8% in the third quarter.

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