Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales have fallen for the first time in more than a dozen years. It's a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser to the president elect.
Tesla sales decline 1.1% in 2024, the company's first annual sales drop in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.
Tesla US sales dropped by as much as 5% despite record incentives and Cybertruck
A new estimate put Tesla’s US sales down by 5% in 2024 compared to the prior year despite the automaker offering record discounts, incentives, and the addition of the Cybertruck to its lineup. Following Tesla’s production and delivery results for Q4 and the full-year 2024, the market is still digesting the information.
Tesla's China sales hit record high in 2024, bucking global decline
U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.
Tesla achieves record China sales, but faces a tougher road ahead
Tesla, the US electric vehicle giant, celebrated record sales in China in 2024, but analysts warn that sustaining this performance in 2025 could prove challenging as competition with domestic players intensifies.
Analysts mixed on Tesla after sales results, Full Self-Driving
It's been another week, and analysts are mixed on Tesla's future following lower-than-expected sales figures. Truist's ...
Tesla just posted its worst numbers in over a decade, here's why investors aren't worried
The Tesla rollercoaster continues as after exciting product launches and a stock surge post-election, the EV maker is now seeing slumping sales.
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Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years
DETROIT (AP) — Tesla’s global annual sales fell for the first time in at least 9 years, with a 2.3% increase in the final ...
After 2024 Sales Slump, Tesla Needs a Hit: Can Elon Musk Get Off X and Deliver?
Tesla's CEO put more effort into his social media last year than the business's core lineup, resulting in the first annual ...
Tesla Cybertruck fails to boost 2024 sales as annual deliveries fall for first time
Tesla delivered fewer cars last year than it did in 2023, marking its first year-to-year drop and signaling that the company ...
Tesla Model Y Inventory Plummets As EV Market Waits For Juniper Refresh
Model Y inventory is drying up after Tesla went on a year-end pricing tear. The EV world, meanwhile, is eying the Juniper ...
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Tesla Moves Workers Away From Cybertruck Production as Demand Slumps
Tesla is moving several workers away from Cybertruck production at its Austin factory to focus on the Model Y instead. Three ...
Uncertainty over Trump's electric vehicle policies clouds 2025 sales forecast
There's just a lot of uncertainty in the air,” said Stephanie Brinley, associate director of auto intelligence at S&P Global ...