Tesla TSLA 2024 Q4 earnings

Tesla TSLA 2024 Q4 earnings

Tesla reported earnings and revenue for the fourth quarter that trailed analysts’ estimates. The stock initially sank in extended trading before rebounding. Here’s how the company did vs. estimates from LSEG: Earnings per share: 73 cents, adjusted, vs 76 cents expected Revenue: $25.71 billion vs $27.26 billion expected Tesla’s revenue increased just 2% from $25.17 billion a…

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Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’

Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Nvidia is still working on the certification process for Samsung Electronics Co.’s high-bandwidth memory chips, a final required step before the Korean company can begin supplying a component essential to training AI platforms.  Annabelle…

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