Tesla's fourth quarter earnings disappointed, but the company's commitment to returning to growth in 2025 saw shares rise in extended trading on Wednesday.

Tesla shares bumped higher in early Thursday trading following a disappointing fourth quarter earnings update that was somewhat offset by a bullish outlook from CEO Elon Musk, triggering a host of price target changes from analysts on Wall Street.

Tesla’s Q4 2024 earnings call will take place today, Wednesday, January 29, at 2:30 p.m. PT/5:30 p.m. ET. We’ll be broadcasting it on the Shacknews Twitch channel. You can also find it on Tesla’s investor relations page as a webcast.

Tesla missed Q4 estimates on both revenue and earnings, indicating issues of overcapacity and competition in EV market. Click here to read why TSLA is a Sell.

Tesla (NASDAQ: TSLA) Q4 2024 Earnings Call Jan 29, 2025, 5:30 p.m. ET Good afternoon, everyone, and welcome to Tesla's fourth quarter 2024 q&a webcast. My name is Travis Axelrod, the here at Tesla. And I'm joined today by Elon Musk and Vaibhav Taneja and a number of other executives. Our Q4 results were announced at about 3:00 p.m.

Despite potential in robotaxis and AI, Tesla's Q4 financials showed significant misses. Click here to read what justifies TSLA stock a Sell.

Tesla's fourth-quarter earnings and revenue fell short of analysts' estimates, sending shares down by 4% in extended trading on Wednesday. Automotive revenue sank 8%. The company attributed the decline in revenue to lower average selling prices for its Model 3,