Tesla stock dropped 7.5% after lower EV deliveries in Q4, but energy segment grew

From Nasdaq: 2025-01-02 13:00:22

Tesla’s stock (NASDAQ: TSLA) started 2025 on a down note after releasing fourth-quarter and full-year EV delivery data. Shares declined by 7.5%, with a year-over-year decrease in shipped EVs. Despite this, Tesla’s energy segment saw significant growth in energy storage deployments in 2024.

Investors are waiting for Tesla’s autonomous vehicle technology to potentially create a new income stream. While EV sales remain the main source of income, the company’s robotics division and self-driving technology could play a crucial role in the future. Long-term investors should monitor Tesla’s evolving technology.

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Read more at Nasdaq: Why Tesla Stock Dropped to Start the New Year