Tesla Misses Delivery Expectations Despite Record …

From Financial Modeling Prep: 2025-01-03 05:22:08

Tesla Inc. (NASDAQ: TSLA) reported strong Q4 2024 vehicle deliveries and energy storage deployments, but fell short of analysts’ expectations, causing a 6.1% stock price drop. Deliveries totaled 495,570 vehicles, with 11.0 GWh of energy storage deployed. Model 3 and Model Y led with 471,930 units delivered.

Despite challenges with slowing EV sales growth, Tesla plans to release its Q4 2024 financial results on January 29, 2025. Analysts had expected closer to 500,000 deliveries, raising concerns about demand. Investors eagerly await insights into profitability and the company’s future outlook.



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