[TSLA Profits Source](https://arstechnica.com/cars/2025/01/teslas-2024-financial-results-are-out-and-theyre-terrible/) >For the whole of 2024, Tesla saw a 6 percent drop in automotive revenues, down to $77 billion. Energy generation and storage increased by 67 percent to a total of $10 billion. Services grew by 27 percent during the year, bringing in $10.5 billion in revenue. >But gross profits fell by 1 percent, with net profits falling by a huge 53 percent to **$7.1 billion for the year**, making this Tesla’s worst year since 2021, when it made just $5.5 billion in profit. [Toyota Profit Source](https://pressroom.toyota.com/tmc-announces-april-through-december-2024-financial-results/) >TOYOTA CITY, Japan (Feb. 5, 2025) — Consolidated vehicle sales totaled approximately 7,000,000 units, a decrease of approximately 295,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled 35.673 trillion yen ($233.2 billion), an increase of 4.9%. Operating income decreased from 4.240 trillion yen ($29.7 billion) to 3.679 trillion yen ($24.0 billion), while income before income taxes was 5.430 trillion yen ($35.5 billion). **Net income increased from 3.947 trillion yen ($27.6 billion) to 4.100 trillion yen ($26.8 billion)**. I am not a mathematician but 27 > 7. >These are publicly traded companies, you can easily look at these numbers yourself. Yet here you are so confidently wrong.

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