Tesla Reports First Annual Decline in Vehicle Deliveries in Over a Decade

[Tesla's Annual Vehicle Deliveries Decline for the First Time in Over a Decade]

Tesla (TSLA.O) reported its first annual decline in vehicle deliveries in over a decade, despite achieving a record high in deliveries during Q4 2024. According to Tesla's disclosed data, vehicle deliveries in 2024 totaled 1.79 million units, falling short of the 1.8 million units delivered in 2023 and below analysts' consensus estimate of 1.8 million units. Following the release of this data, the company's stock price plummeted by 5% in pre-market trading. In recent weeks, Tesla has been promoting various deals in financing, charging, and leasing to attract buyers and achieve its goal of "modest" annual growth.