Tesla shares slide after it reports first drop in annual delivery numbers

The National Pulse

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Tesla Took a Tumble as Car Deliveries Decline.

Tesla’s global sales declined in 2024 for the first time in nearly a decade despite a 2.3 percent increase in deliveries during the final quarter. The automaker, based in Austin, Texas, offered incentives such as zero percent financing and free charging to spur demand. From October to December, Tesla delivered 495,570 vehicles, raising its annual total to 1.79 million, a slight drop from 2023’s 1.81 million. The decline reflects sluggish demand …

yle

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Tesla electric car annual sales fell for the first time in over a decade. China's BYD continues its meteoric rise.

Origo

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Tesla reported a decline in annual sales for the first time, contradicting Elon Musk's promise of modest growth.

Hawaii Tribune-Herald

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Tesla annual deliveries fall for first time as incentives fail to drum up demand - Hawaii Tribune-Herald

Tesla reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon Musk-led EV maker’s aging line up and the new Cybertruck pickup failed to lure customers wary of high borrowing costs.

Omaha World-Herald

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Tesla sales drop is company's 1st annual decline since 2011

DETROIT — Tesla posted its first annual sales drop in more than a dozen years Thursday, undercutting a stock that has soared since Donald Trump's victory on optimism that Elon Musk's close relationship to the president-elect will help the company.

Los Angeles Times

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Tesla’s annual sales fall for first time in company history

Tesla sales declined for the first time in the company’s history last year, the company reported Thursday, reflecting what analysts said was a lack of new models in an increasingly competitive market for electric vehicles. Vehicle deliveries fell to 1.79 million, representing a drop of 1.1% from 1.81 million vehicles in 2023. Tesla shares were down roughly 6% in afternoon trading. Edmunds auto analyst Jessica Caldwell noted Tesla’s core model li…