Tesla has missed the expectations of the analysts on profit and income, the largest producer of electric vehicles in the world registering the first annual sales decline for more than a decade and revealing a strong increase in expenses with artificial intelligence, writes FT. The net revenue adjusted for the fourth quarter increased by 3%, reaching $ 2.5 billion, missing $ 2.6 billion, according to a report submitted by the company with headquarters in Austin, Texas. The revenues increased by 2%, reaching $ 25.7 billion, under the average estimate of $ 27.2 billion. Earlier this month, Tesla reported figures on quarterly deliveries that were under estimates. In addition, vehicle delivery in 2024 decreased for the first time in more than a decade. The operational margin of Tesla in the fourth quarter has dropped to 6.2%, from 8.2%, which the company has put on account of lower average sales prices for its basic model machines S, X and Y and of an «increase in operational expenses determined by AI and other research and development projects». The actions decreased by more than 3 percent in the transactions after the session closes.
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