Tesla Stock Drops as Q4 Deliveries, Vehicle Production Fall Short
Tesla shares sank Thursday morning after the electric vehicle maker reported fewer deliveries than analysts had expected for the fourth quarter.
Tesla Reports Production Deliveries Of Q4, FY 2024; Stock Down
(RTTNews) - Tesla, Inc. (TSLA), Thursday announced EV delivery report of the fourth quarter, and fiscal year of 2024. For the quarter, the automaker delivered 495,570 units, whereas the company delivered a total of 1,789,226 units in the fiscal year 2024.
Tesla annual deliveries fall for first time as competition hurts demand
Tesla reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand for its aging line-up of models.
Tesla gained more than 50% in 2024 even as annual deliveries fell for the first time
Tesla (NASDAQ:TSLA) recorded its first annual decline in delivery volume in the company's history after its Q4 tally came in well short of estimates. Ahead of the report, there had been some buzz that Tesla (TSLA) would set a record with its Q4 deliveries tally.
Tesla stock drops after it reports first annual decline in EV deliveries
The delivery figures are the first real piece of fundamental news for Tesla investors since the November election sparked a big rally for the stock.
Tesla Annual Sales Slip for First Time as Competition Grows
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.
Tesla posts its first-ever annual sales drop
Tesla reported the first full-year drop in sales in its history as a public company Thursday, as increased competition and slowing demand for electric vehicles hit its results.
Tesla’s Global Vehicle Deliveries Fell in 2024 for the First Time in Years
A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.
Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years
Tesla’s global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed to the company’s first year-over-year sales decline since at least 2015.
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Tesla: Cracks In Foundation Foreshadow Tough 2025 (Rating Downgrade)
Concerns rise over Tesla, Inc.'s stock price surge post-2024 election as sales stagnate and competition increases globally.
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Tesla (TSLA) is expected to miss its delivery goal
Tesla hasn’t been releasing quarterly delivery goals for years. Instead, the automaker has been guiding a roughly 50% annual ...
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Tesla Shares Rise In Thursday Premarket Despite Recent Cybertruck Explosion Outside Trump's Las Vegas Hotel: Here's Why
Tesla Inc. TSLA experienced a 1.44% increase in pre-market trading on Thursday, as per Benzinga Pro. The rise follows the ...