Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.

Tesla is slated to release its fourth-quarter earnings after the market closes on Wednesday. Any movement will hinge on what the electric vehicle maker—and CEO Elon Musk–say about growth, EV demand, and advances in AI.

Tesla is expected to report earnings after Wednesday's close and here is a closer look at what Wall Street expects.

Tesla reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses to focus on news the company kept its goal to launch cheaper EVs in the first half of the year and vowed to have fully autonomous cars on the roads in Austin,

Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.

Coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.

Tesla missed estimates on the top and bottom lines in its fourth-quarter earnings report. While the stock initially dropped after hours, it rose as Elon Musk talked up the autonomy opportunity. Tesla faces a lot of uncertainty in 2025.

After an initial drop, Tesla stock has turned higher, up almost 4% in after-hours trading at $403 a share. Any disappointment with fourth-quarter margins has faded probably because of the outlook for 2025.