Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises
There does not appear to be an obvious savior on the horizon for Tesla, either. The Cybertruck remains the company’s most identifiable vehicle thanks to its futuristic dumpster vibe, but the company shipped fewer than 50,000 units in 2024 and it seems like the demand for the truck is flattening out or declining.
Tesla’s sales fell year-over-year for the first time
The premiere EV company in the US produced 1.77 million cars this year, a drop of about 4 percent compared to the previous year, and delivered 1.79 million vehicles this year, or about 1 percent less than 2023. Tesla also deployed 31.4 GWh in energy storage.
Tesla delivered fewer vehicles in 2024 for the first time in years
While the annual decline came as a surprise, Tesla at the start of the year had warned observers to temper their expectations for 2024.
Tesla Stock Drops 6% on Annual Sales Decline Despite Record Q4 Deliveries as BYD Closes in Fast
Tesla's drop in annual sales marks the first year-over-year decline. However, analysts think the launch of Tesla's lower-priced EV this year, the growing uptake of its full self-driving software, and the robotaxi testing could take the company's market cap beyond £1.
Tesla annual deliveries fall for first time as competition hurts demand
Shares of the company fell about 4% Thursday, indicating investor worries over the challenges facing CEO Elon Musk.
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump’s election and its CEO billionaire became a top policy adviser to t
Tesla Reports 1.1% Sales Drop for 2024, First Annual Decline in a Decade
Tesla’s global sales rose 2.3% in the fourth quarter, but the increase wasn’t enough to overcome a sluggish first half, and sales for the full year fell short of 2023 numbers
Tesla’s laundry list of 2025 to-do’s after first-ever annual sales decline
Tesla is entering 2025 with a laundry list of promises to fulfill after experiencing its first-ever annual sales decline.
Tesla’s CyberCab Can Be Driven With An Xbox-Like Controller: Report
Tesla's Cybercab has no steering wheel or pedals A recent video from the Petersen Museum seemed like someone was controlling ...
Tesla enters new year with laundry list of promises to fulfill after shocking market with its first-ever annual sales decline
Elon Musk's carmaker enjoyed an epic bull run since Trump's election—now he needs to prove he can in fact deliver on his 2025 ...
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2025 Tesla Model Y: Closest look yet at ‘Juniper’ update before imminent reveal
Tesla is expected to unveil its newest Model Y – codenamed ‘Juniper’, following the Model 3 ‘Highland’ facelift revealed in ...
Apple, Tesla, Spotify: The tech announcements that never happened in 2024
Spotify's hi-fi subscription tier is one of the weirdest tech stories in recent years. The company originally announced it in ...
Tesla Roadster: Release date, price and everything you need to know about the delayed EV supercar
Whatever happened to the second-generation Tesla Roadster? It’s a question the automotive world has pondered for years now, ...
Tesla sales drop, showing Elon Musk isn't immune to the EV slowdown
Tesla sold about 1.79 million cars in 2024, it said Thursday. It's Elon Musk's electric automaker's first year-over-year ...
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Tesla Secures $98.7 Million Land Deal for Giga Mexico to Boost Cybercab Manufacturing Potential
Tesla has purchased 1,194 hectares across four properties in Nuevo Leon, Mexico, for $98.7 million. The investment reflects ...
Elon Musk’s promises for Tesla in 2024, from robotaxis to Optimus bots
Elon Musk had an eventful 2024, what with his hard push into right-wing politics and leveraging his X social media platform ...