Tesla's annual sales saw a decline for the first time, with fourth-quarter deliveries hitting a record high but still falling short of expectations, dropping over 5% in pre-market trading

Wallstreetcn
2025.01.02 14:16
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Tesla announced its full-year and fourth-quarter vehicle delivery data for 2024, delivering 495,570 vehicles in the fourth quarter, below analysts' expectations of 512,277 vehicles. Model 3/Model Y deliveries totaled 471,930 vehicles, lower than the expected 484,575 vehicles. Fourth-quarter production was 459,445 vehicles, also below the expected 505,239 vehicles. As a result, Tesla's stock price fell more than 5% in pre-market trading