Tesla's sales and profits decline, after-hours trading up more than 3%

Tesla announced fourth-quarter revenue of $24.9 billion, with a projected revenue of $94.8 billion for the fiscal year 2025, a 3% decrease from the previous year. Earnings per share were $0.50, exceeding analysts' expectations of $0.45 per share. Tesla reported a net profit of $840 million, a 61% decrease from the same period last year. The quarterly free cash flow was $1.4 billion, a 30% decrease, due to Tesla's significant investment in research and development in the fields of robotics and artificial intelligence. This number outperformed the average analyst expectation of negative free cash flow for the quarter. Tesla's stock price rose over 3% in after-hours trading.