Tesla Sees First Annual Sales Drop - Kelley Blue Book

1 day ago · Tesla delivered 1.79 million vehicles worldwide in 2024 – 1.1% fewer than in 2023. The figure marks the company’s first-ever annual sales drop, The New York Times reports.

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Tesla Sees First Annual Sales Drop - Kelley Blue Book

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1 day ago · Tesla delivered 1.79 million vehicles worldwide in 2024 – 1.1% fewer than in 2023. The figure marks the company’s first-ever annual sales drop, The New York Times reports.

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Tesla Sales Dropped 1.1% In 2024, Its First Annual Decline In A …

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5 days ago · The year-over-year global sales drop is Tesla’s first since 2011, according to figures from analytics firm Global Data. The company sold 1,306 vehicles in 2010, but that dropped …

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Tesla Sales Dropped 1.1% In 2024, Its First Annual Decline

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5 days ago · That was 1.1% below 2023 sales of 1.81 million as overall demand for electric vehicles in the U.S. and elsewhere slowed. The year-over-year global sales drop is Tesla’s …

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Tesla Sales Dropped 1.1% In 2024, Its First Annual Decline In A …

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5 days ago · The year-over-year global sales drop is Tesla’s first since 2011, according to figures from analytics firm Global Data. The company sold 1,306 vehicles in 2010, but that dropped …

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FAQs about Tesla Sees First Annual Sales Drop - Kelley Blue Book Coupon?

Why did Tesla's global sales fall?

Tesla’s global annual sales fell for the first time in at least 9 years, new company data shows. The company delivered 1.79 million vehicles for 2024, a drop of 1.1 per cent from its sales in 2023 as demand for electric vehicles in the US and elsewhere slowed. ...

Why did Tesla's annual car sales drop in 2024?

Tesla's annual vehicle sales dropped for the first time in 2024 as it battled industrywide headwinds and increasing competition. Elon Musk's electric automaker said on Thursday that it sold about 1.79 million cars in 2024, falling just short of the previous year's 1.8 million and rounding out a difficult year for electric vehicles overall. ...

Why did Tesla sales decline?

Tesla sales declined for the first time in the company’s history last year, the company reported Thursday, reflecting what analysts said was a lack of new models in an increasingly competitive market for electric vehicles. Vehicle deliveries fell to 1.79 million, representing a drop of 1.1% from 1.81 million vehicles in 2023. ...

How many cars did Tesla sell in 2024?

Tesla said on Thursday that it sold about 1.79 million cars in 2024. It's the automaker's first year-over-year decline. Shares fell by about 6% in early trading following the release. Tesla's annual vehicle sales dropped for the first time in 2024 as it battled industrywide headwinds and increasing competition. ...

Why did Tesla's sales drop 2% in Q4?

Tesla reported the first full-year drop in sales in its history as a public company Thursday, as increased competition and slowing demand for electric vehicles hit its results. The company reported fourth-quarter sales of 495,570 vehicles, up 2% from what it sold a year earlier. ...

Which Tesla cars sold the most last year?

Tesla’s Model 3 and Model Y vehicles accounted for the vast majority of car sales last year. Other models, which included the Cybertruck for the first time, as well as Tesla’s pricier Model S and Model X vehicles, were less than 5pc of sales. Tesla also said its energy business had deployed a record 11 gigawatt hours of battery storage. ...