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EngadgetJan 02, 2025
Tesla reports its first-ever annual drop in deliveries
Tesla has reported its first-ever decline in annual deliveries. The total number of deliveries for 2024 hovers at around 1.78 million, but the company delivered 1.81 million vehicles in 2023. Company shares fell by as much as seven percent at the news, but has since rallied a couple of points. This follows similar news from Q1 of 2024, but that was just for a single quarter. 

Q4 showed a slight uptick in deliveries, with 495,000 this year and 484,000 in 2023. However, analysts had predicted a more robust final quarter, according to reporting by CNBC. These analysts expected Q4 deliveries to be somew

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