Tesla reports its first-ever annual drop in deliveries
Tesla has reported its first-ever decline in annual deliveries. The total number of deliveries for 2024 hovers at around 1.78 million, but the company delivered 1.81 million vehicles in 2023. Company shares fell by as much as seven percent at the news,
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Concerns rise over Tesla, Inc.'s stock price surge post-2024 election as sales stagnate and competition increases globally.
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New sales data is due from the electric-vehicle maker. Analysts expect fourth-quarter deliveries to fall just shy of the roughly 515,000 units needed for full-year deliveries to surpass 2023's total.
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