Reported 2 days ago
Tesla's stock dropped as the company reported fewer vehicle deliveries than expected in Q4 2024 and its first yearly sales decline, delivering 1.78 million vehicles for the year, slightly below analyst estimates. The Q4 deliveries reached 471,930 vehicles, falling short of the anticipated 510,000. Investors remain hopeful for a turnaround in 2025, anticipating growth driven by a new lower-priced electric vehicle model and advancements in Tesla's self-driving technology.
Source: YAHOO