Tesla Plans to Return to Growth by 2025

Tesla's stock rebounded 3.2% in after-hours trading despite reporting lower-than-expected earnings for the fourth quarter, with adjusted earnings per share at $0.73 against an expectation of $0.75. The company anticipates a 'return to growth in 2025,' driven by advancements in autonomous driving and new models, although it did not commit to CEO Elon Musk's target of 30% growth for this year. Tesla's revenue for the quarter was $25.71 billion, below analysts' expectations of $27.21 billion, with automotive revenue falling 8% year-over-year. The company did achieve record sales in China, though it faces challenges from potential tariffs and increasing local competition. Additionally, Tesla plans to launch a paid robotaxi service in Austin by June 2025 and is set to produce affordable vehicles starting in the first half of this year, alongside the upcoming Cybercab launch in 2026. Investors remain hopeful as the stock has surged over 80% since the last earnings report, reflecting confidence in Tesla's long-term vision and strategy.