Tesla Reports Mixed Fourth-Quarter Results Amid Stock Volatility
Tesla (NASDAQ: TSLA) saw its stock initially rise after announcing its fourth-quarter earnings on Thursday, but quickly turned negative as it continued to decline by over 11% for the month. The company reported a 3% year-over-year revenue drop and a significant 60% decrease in earnings per share. Key financial metrics included a 16% decline in total vehicle deliveries and a 30% drop in free cash flow to approximately $1.4 billion.
Despite these declines, Tesla highlighted a 38% increase in active supervised Full Self-Driving (FSD) subscriptions and plans to expand its autonomous ride-sharing service to seven major cities by 2026. The company is also set to begin production of its Cybercab, an autonomous vehicle, in April 2026. However, it refrained from providing vehicle delivery guidance for 2026, raising concerns among investors.
