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International Business Times
International Business Times
Business
John BIERS

SHOCKING: Tesla reports lower 2024 auto deliveries missing forecast - What They Never Told You

Tesla Inc. Elon Musk Donald Trump Garrett Nelson China electric vehicle United States
The Cybertruck arrived in a more significant way in 2024, but a sluggish ramp-up was one of the factors in teh drop in annual sales (Credit: AFP)

Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets.

Elon Musk's EV company reported 495,570 fourth-quarter deliveries. While that represented a quarterly record, it lagged Wall Street estimates and resulted in full year-sales of just under 1.8 million vehicles.

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