Tesla stock experienced decline after first-ever annual sales decrease, missing fourth-quarter delivery estimates, neutral.

From Stocktwits: 2025-01-02 22:52:05

Tesla stock experienced a significant decline after reporting its first-ever annual sales decrease, with fourth-quarter deliveries missing estimates at 495,570 units. BYD reclaimed the EV crown by selling 595,413 battery EVs in the quarter, surpassing Tesla’s 495,570. Despite the miss, Wedbush analyst called Tesla’s performance “respectable.” Energy storage deployments beat expectations by 15%, with 11 GWh deployed in the quarter. Analysts are now focused on Tesla’s ability to accelerate delivery growth in 2025 and its launch of a lower-priced EV. The stock ended the year with a 62.5% gain but fell over 6% after the delivery miss.



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