The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

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.

To meet its sales goals, Tesla will probably need a new model and significant advancements in autonomous driving.

With the release of its financial results today, Tesla is guiding a return to growth in 2025 thanks to new models and self-driving. Where did we hear that before? After market close today, Tesla released its Q4 2024 financial results,