Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.

Tesla will launch an “unsupervised, no one in the car” robotaxi service in Austin, Texas, in June, Elon Musk said in an earnings call Wednesday. “We just want to put a toe in the water, make sure everything’s okay, put a few more toes in the water, with safety of the general public and those in the car as a top priority,” Musk said.

Soon you'll be able to go hands off the wheel, eyes off the road while chatting with your Rivian. A look at how the EV maker plans to rival Tesla with AI and autonomy.

The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.

Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.

Our collective eyebrows raised when Elon Musk said self-driving vehicles were coming to Austin this week. Yes, really. Here is senior reporter Sean O’Kane’s article detailing Musk’s claims, which he made during Tesla’s Q4 earnings call.

Tesla reports fourth-quarter earnings on Wednesday afternoon. Investors will be listening for the company's sales outlook and its plans for a cheaper EV.

The bigger news, though, is what Tesla has planned for 2025. In the first half of the year, it’s set to launch “more affordable” models. Precise details about these models haven’t been confirmed, although Tesla has been talking about them for quite some time.

Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.

Tesla will introduce a paid autonomous ride-hailing service in Austin, Elon Musk said during an earnings call discussing the automaker's financial results for 2024. As TechCrunch reports, he said the company will use cars with no human driver behind the wheel and with the unsupervised version of its Full Self-Driving software,