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Tesla Faces First Annual Sales Decline in Nearly a Decade Despite Strong Q4 Performance

Tesla reports a 1.1% decline in 2024 global sales, driven by increased competition and changing consumer demand, despite achieving record Q4 deliveries.

l 8%

c 75%

r 17%

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Newsweek

Tesla Reports Sales Drop in 2024, First Time in Years

Epoch Times

Tesla fails to grow sales in 2024 for the first time in more than a decade

Straight Arrow News

Tesla reports first drop in deliveries in at least 9 years

The Hill

Tesla shares sink as car deliveries post surprise drop for first year ever

New York Post

Tesla shares slide after it reports first drop in annual deliveries

CNBC

Tesla reports first annual decline in deliveries

NBC News

Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

ABC News

Tesla sales decline 1.1% in 2024, the company's first annual sales drop in a decade

CBS News

Tesla sales fell for the first time in over a decade

ARS Technica

Tesla shares fall as company reports first decline in annual deliveries

The Guardian

Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years

Associated Press

Overview

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Tesla announced a 1.1% decline in global sales for 2024, marking its first annual drop since 2011. The company delivered approximately 1.79 million vehicles, down from 1.81 million in 2023. A record 495,570 cars were delivered in Q4, but the overall figure fell short of expectations. Contributing factors include intensified competition, an aging vehicle lineup, and shifts in consumer preferences. CEO Elon Musk remains optimistic for 2025, anticipating a 20-30% growth, bolstered by expectations for new product offerings.

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Tesla stock slides after Cybertruck explosion. Will it hurt Elon Musk?

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Tesla fails to grow sales in 2024 for the first time in more than a decade

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Tesla reports first drop in deliveries in at least 9 years

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Tesla reports first annual decline in deliveries

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Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

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Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

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Tesla sales decline 1.1% in 2024, the company's first annual sales drop in a decade

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Tesla sales decline 1.1% in 2024, the company's first annual sales drop in a decade

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Tesla sales fell for the first time in over a decade

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Tesla sales fell for the first time in over a decade

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Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years

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Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years

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