The tech industry, also known as the technology sector, refers to the segment of the economy that focuses on the development, production, and distribution of technological goods and services. This includes a wide range of fields such as software development, hardware manufacturing, information technology services, telecommunications, and the internet. Companies within the tech industry can include startups, large multinational corporations, and everything in between, often characterized by innovation, rapid growth, and the creation of new technologies. The industry plays a crucial role in shaping modern society and the global economy, driving advancements in various sectors including healthcare, finance, education, and entertainment. The tech industry is also notable for its influence on daily life, consumer behavior, and the way businesses operate, as it continuously introduces new tools and platforms that transform how people communicate, work, and interact.
Tesla reported Q4 2024 earnings of $0.73 per share, slightly up from $0.71, but below analyst expectations. Revenue for Q4 reached $25.71 billion, surpassing last year's figures but falling short…