Hey, everyone! So, Tesla just dropped its fourth-quarter vehicle production and deliveries report on Thursday! Exciting stuff! Check out these essential stats:
OMG, you guys! Total deliveries for Q4 2024 are a whopping 495,570! Can you believe it? 😍📦
OMG, you guys! The total production for Q4 2024 is a whopping 459,445! Can you believe it? 😍✨
OMG, can you believe it? The total annual deliveries for 2024 are set to hit a whopping 1,789,226! How exciting is that?!
OMG, you guys! The total annual production for 2024 is a whopping 1,773,443! Can you believe it? So exciting!
Wow, can you believe it? Tesla just reported its first annual drop in delivery numbers for the quarter! They delivered a total of 1.81 million vehicles in 2023. What a year! OMG, can you believe it? They totally crushed it with 484,507 deliveries in Q4 of 2023! 🎉📦
OMG, did you see that? Tesla shares took a dive, dropping by up to 7% during Thursday’s trading! 😱📉
So, analysts were totally buzzing about Tesla’s expected deliveries this quarter, predicting a whopping 504,770! This includes around 474,000 of those sleek Model 3 and Model Y EVs, based on some serious number crunching from StreetAccount. Exciting times ahead! Hey fam! So, Tesla just dropped some major news for their investors! They compiled a delivery consensus of 506,763 vehicles, and it’s all based on insights from 26 analysts. Exciting times ahead! An independent Tesla researcher with a massive following, known as Troy Teslike, has made an exciting prediction of 501,000 deliveries!
So, here’s the scoop: when it comes to Tesla, deliveries are basically the best way to gauge their sales, but keep in mind that they aren’t exactly spelled out in the shareholder updates. Just something to think about!
OMG, you guys! The fourth-quarter report is here, and it follows an incredible late-year rally for Tesla’s stock, which totally soared by 63% in 2024! Can you believe it? 🚀 OMG, you guys! In mid-December, the shares totally hit a record high, surpassing their previous all-time high from 2021! Can you believe it? 🎉📈
Wow, what a dramatic shift from the first quarter! The stock took a nosedive of 29%, marking its toughest time since 2022. The company faced some serious challenges with falling sales, even after rolling out price cuts and buyer incentives. Talk about a rollercoaster ride! During the company’s first-quarter earnings call in April, CEO Elon Musk shared with investors that he anticipates “higher sales this year than last year,” although he noted that the growth rate is expected to slow from 38% in 2023.
OMG, you guys! The most talked-about topic at Tesla lately has been Musk’s involvement in President-elect Donald Trump’s election campaign. Can you believe it? So much drama! Musk, the wealthiest individual on the planet, invested approximately $277 million to support Trump and other Republican candidates, dedicating weeks to campaigning in key swing states.
Musk, the visionary behind SpaceX and xAI, and the owner of the social network X, is stepping up to co-lead an advisory group for the Trump administration. This initiative is all about cutting down on federal spending, personnel, and regulations. Exciting times ahead!
Sam Fiorani, who serves as a vice president at AutoForecast Solutions, shared with CNBC via email that Musk’s dive into the political arena might have distracted him from his main business ventures. But honestly, the impact on Tesla’s numbers from what investors or EV buyers really care about won’t show up until the first quarter, according to him!
For a long time, Tesla was pretty much the only player in the game when it came to mass-producing battery-electric vehicles. How cool is that? The company is currently navigating a fierce wave of competition from a variety of domestic automakers like General Motors, Ford, and Rivian, along with international players such as BYD in China, Hyundai in Korea, and the European heavyweights BMW and Volkswagen.
Patrick George, the editor in chief of InsideEVs, shared with CNBC that he believes Tesla continues to outshine other EV makers in several areas, particularly its impressive charging network. So, like, Tesla totally faced its biggest operational challenge last quarter with all the behind-the-scenes stuff that comes with being a car company! Can you believe it?
Piling up on used car lots’
OMG, you guys! Tesla is diving into the world of humanoid robotics and chip development! 🚀 They’re planning to roll out a dedicated robotaxi and kick off a driverless ride-hailing service by 2027. How exciting is that?! Even though Musk and the shareholders might see Tesla as more than just a car company, let’s be real—most of those profits still come from selling vehicles!
So, George just dropped some serious truth about Tesla! He pointed out that they totally missed the mark by not rolling out “more affordable EVs in 2024.” Plus, he mentioned that those Cybertrucks — the latest and greatest from the brand — are just sitting there, piling up on used car lots. What do you think about that? The sleek and edgy Cybertruck kicks off at approximately $80,000. Can you believe it?!
Wow, guys! So, it looks like Tesla faced some serious challenges in Europe recently, with competitors really stepping up their game. They saw a significant drop in sales during the fourth quarter. Crazy, right?
Hey, fam! So, here’s the scoop: from January to the end of November, Tesla sold around 283,000 vehicles in Europe. That’s about a 14% dip compared to last year. Just sharing some insights from the European Automobile Manufacturers’ Association, or ACEA. Stay tuned for more updates! Hey everyone! Just a quick update: registrations in Europe took a dip in November, dropping to 18,786 from about 31,810 this time last year. Crazy, right?
The company faced some challenges in its business in China during the fourth quarter.
Fiorani pointed out that even though the Model Y is the second bestselling model in China, “its growth isn’t quite matching the rapid expansion of the market.” Hey, fam! So, here’s the scoop: in November, the Model Y sales saw a cool increase of over 5%! But get this, overall EV sales in the country skyrocketed by 8%! How amazing is that? 🚗💨
Meanwhile, BYD and other amazing brands in China, like Chery, Li Auto, Jetour, LeapMotor, and Aito, are totally crushing it with growth that outpaces Tesla! 🚀✨ OMG, have you heard? BYD is totally expanding its horizons by setting up plants outside of China and exporting like crazy! 🚀✨
Tesla is totally owning the game in North America right now! Hey everyone! So, guess what? The company is totally stepping up its game with some amazing incentives and price cuts, even on the super popular Model Y SUV, all to boost those sales in the fourth quarter! How exciting is that? 🚗💖 So, it looks like Tesla has been dealing with a bit of an inventory buildup lately!
So, during the fourth quarter, the company decided to send Cybertruck assembly line workers home for a few days! This move suggests they’re being super strategic about not overwhelming the market with too many vehicles. Smart thinking, right?
Can you believe we’re already looking ahead to 2025? So exciting! Musk shared some exciting news during an earnings call in October! He revealed that Tesla is gearing up to roll out lower-cost and autonomous vehicles by 2025, which could spark an incredible “20% to 30% growth” over 2024. How amazing is that? 🚗💥