Tesla posted its fourth-quarter and full-year vehicle production and delivery numbers on Thursday, revealing the company’s first ever annual decline in EV deliveries.
CNBC reports that Elon Musk’s Tesla reported its fourth-quarter and full-year 2024 vehicle production and delivery figures on Thursday, which showed the company experiencing its first-ever annual drop in deliveries. The report follows a significant late-year rally in Tesla’s stock price, which ended 2024 up 63 percent.
According to the report, Tesla delivered a total of 495,570 vehicles in the fourth quarter of 2024, while producing 459,445 units. For the full year, the company delivered 1,789,226 vehicles and produced 1,773,443. These numbers represent a decline from the 1.81 million deliveries reported in 2023 and the 484,507 deliveries in the fourth
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