Tesla’s global vehicle deliveries fell in 2024 for the first time in years
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6 days, 19 hours ago

Tesla’s global vehicle deliveries fell in 2024 for the first time in years

Live Mint  

Tesla’s global vehicle deliveries fell in 2024 for the first time in more than a decade, after a surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results. The result—a quarterly record—was up about 2% from a year earlier, but it fell short of the roughly 515,000 vehicles it needed to sell in the fourth quarter for Tesla to top its 2023 performance on a full year basis. Wall Street has largely looked past Tesla’s sales turbulence and focused on Elon Musk’s long-term strategy to shift the company toward robotics and artificial intelligence. Investors are hopeful that Musk’s proximity to Trump will aid his businesses, including through federal regulations that simplify Tesla’s path to deploying autonomous vehicles nationwide.

History of this topic

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