Tesla misses analyst estimates for revenue and earnings per share in the fourth quarter. The automaker updated investors on its upcoming vehicle production. reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Tesla reported fourth-quarter revenue of $25.71 billion, up 2% year-over-year. The revenue total missed a Street consensus estimate of $27.26 billion, according to data from Benzinga Pro. The company reported fourth-quarter earnings pre share of 73 cents, which missed a Street consensus estimate of 76 cents. Automotive revenue totaled $19.8 billion in the fourth quarter, down 8% year-over-year. Tesla said its revenue was impacted by growth in energy and services, growth in vehicle deliveries and higher regulatory credit revenue. Reduced selling prices had a negative impact, the company said. The company had 11.0 GWh of energy storage deployed in the fourth quarter. Tesla previously announced its fourth-quarter vehicle production and delivery figures. The company produced 459,445 vehicles and delivered 495,570 vehicles in the quarter. While the deliveries set a record in the fourth quarter, the company’s 1.79 million vehicles delivered in 2024 were down from 1.81 million in 2023. This was the first annual deliveries decline in company history. Tesla highlighted the fourth quarter as a record one for vehicle deliveries and energy storage deployments. "We expect Model Y to once again be the best-selling vehicle, of any kind, globally for the full year 2024, and we have made it even better, with the New Model Y now launched in all markets," the automaker said. Tesla highlighted affordability being "top of mind for customers." The company said its cost of goods sold per vehicle hit its lowest level ever at less than $35,000 in the fourth quarter. For the full fiscal year, Tesla's automotive revenue was $77.1 billion, down 6% year-over-year. Full-year total revenue was $97.7 billion, up 1% year-over-year. Tesla ended the quarter with $1.07 billion in digital assets, which includes the company's Bitcoin BTC/USD