For the first time ever,Watch The War of the World Tesla has reported a decline in deliveries, causing stock prices to dip.
The EV company shared its Q4 production and delivery report on Thursday, giving us a full picture of its overall deliveries for the past year. Tesla delivered 1.79 million vehicles in 2024, compared to 1.81 million vehicles in 2023. After the report was published, stock prices dipped 7 percent before gaining back a few points, but not rising to the company's previous price per share.
SEE ALSO: Apple, Tesla, Spotify: The tech announcements that never happened in 2024According to CNBC, analysts expected Tesla deliveries to increase to over 500,000 in Q4. However, the company didn't meet industry expectations and delivered only 495,570 vehicles. The reason is unclear, but after being the major EV manufacturer for several years, others have started catching up, so Tesla faces more competition. There's Rivian, but General Motors, Ford, BMW, and Volkswagen have also begun mass-producing EVs.
Additionally, Tesla has yet to make a more economical EV and instead has been focusing on selling its pricey Cybertruck, which was plagued with six recalls in 2024. Plus, Tesla might have too many Cybertrucks in its inventory, indicating a demand problem, and the EV trucks are piling up in used car lots, according to InsideEVs.
In the second half of 2024, Tesla CEO Elon Musk very publicly shifted his focus to helping Donald Trump get elected. Musk donated $277 million to Trump's campaign efforts and spent several weeks on the campaign trail. Although Musk's distractions from Tesla might have impacted the company's stock health, analyst Sam Fiorani told CNBC that that won't be reflected until this year's first quarter earnings report.
Topics Electric Vehicles Tesla
NYT Strands hints, answers for May 2
HBO partners with Scener to create co
All the outlandish things Trump said in his commencement speech for the Coast Guard
British students create memes to vent about a ridiculous biology exam question
Alienware M16 Gaming Laptop deal: Save $560
Amazon to sell its own face shields and this is normal now
Teen wins the right to perform in drag at high school after classmates sign petition
Watch an alligator eat a huge fish on a golf course in *DRUMROLL* Florida
Musetti vs. Diallo 2025 livestream: Watch Madrid Open for free
New algorithm discovers hundreds of Android 'creepware' apps
Seven Steam games whose reviews have changed a lot
People shopped online every day in April like it was Black Friday
Giphy nervously assures internet it's not removing Mark Zuckerberg GIFs
Elon Musk: We're reopening the Fremont Tesla factory, arrest me if you want
Get the official Atari 7800+ Console for 50% off
Volvo's Polestar 2 with Google is actually on its way, unlike most new EVs
Bro, do you even stream? CrossFit strikes deal with Facebook Live.
All of the 'Unbreakable Kimmy Schmidt: Kimmy vs. The Reverend' endings
NYT Connections Sports Edition hints and answers for April 26: Tips to solve Connections #215
Guy Fieri and Bill Murray are having a nacho cook
World War II codebreakers site to become cyber education college'No Man's Sky' developer breaks long silence with update news13 hauntingly beautiful photos of Tokyo in the snowDrone footage shows recent clashes at #NoDAPL protest in Standing RockWhat is behind the turkey pardoning ritual?Well, even Taylor Swift has done the mannequin challenge now6 films about being single that are actually relatableThis Los Angeles Thanksgiving traffic jam is the most epic Mannequin Challenge everThousands of people to Trump on Twitter: 'We can't just get along'Hillary and Bill Clinton were last minute Thanksgiving grocery shoppersRon Glass, 'Barney Miller' and 'Firefly' actor, dies at 71Jill Stein is now blasting Hillary Clinton and Twitter is very confusedThat fake CNN porn story was planted by an alleged Russian troll (Updated)Good guy Prince Harry releases five baby turtles into the seaJill Stein is now blasting Hillary Clinton and Twitter is very confused13 hauntingly beautiful photos of Tokyo in the snowDonald Trump's Christmas ornament made Amazon reviews great againIndia admits defect in newly issued Rs 500 notes, creates more confusion among citizensGilmore Girls: A Year in the Life recap: Fall reveals the final 4 wordsLocal authority instantly regrets asking public to name new gritter The tricky art of marketing women's empowerment in the era of Trump HBO's 'Avenue 5' tackles the final frontier with brutal comedy: Review Uber's vending machines didn’t work, so now cars are moving billboards Can Fisker Ocean deliver on its vision of a cheap Tesla alternative? The end of 'Dolittle' is breaking everyone's brain, and it's hilarious Huawei's Google Maps alternative is TomTom Amazon Prime members can now get VIP tickets at gigs and festivals Patrick Stewart is being compared to Kellyanne Conway and he couldn't be happier Motorola's foldable Razr is finally going on sale this February Greta Thunberg makes it clear at Davos 2020: You should be panicking Photos show staggering snow pile Samsung's upcoming Galaxy S20 line leaked in full detail In its bid for world domination, Amazon buys up main competition in the Middle East Facial recognition company scraped billions of photos to help the cops Amazon reportedly planning to introduce hand GIFs are coming to Venmo Watching 'Little Women': We were four sisters. Now we are three. Friendship is the most intimate bond in Netflix's 'Sex Education' Season 2 Blac Chyna is dragging Tyga on Snapchat. A tale as old as time! AppleTV's 'Little America' is full of must
2.1662s , 10108.3671875 kb
Copyright © 2025 Powered by 【Watch The War of the World】,Charm Information Network