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BUZZ-Tesla falls as Q4 profit margin misses estimates

ReutersJan 29, 2025 9:23 PM

** Shares of electric-vehicle maker Tesla TSLA.O fall 2.4% to $379.41 in extended trading

** Company reports Q4 profit of 73 cents/shr vs est. of 76 cents/shr

** Q4 gross margin stood at 16.3% vs est. of 19.03%

** Tesla reports Q4 revenue of $25.71 bln, compared with est. of $27.27 bln, according to data compiled by LSEG

** Up to last close, stock had more than doubled in the past 12 months

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