Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

Tesla reports 1.1% sales drop for 2024, first annual decline in a decade

YE Climate EV Facts - (Copyright 2024 The Associated Press. All rights reserved)

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.

It was the first year-over-year sales drop for the Austin, Texas, company since at least 2015, and it came despite offers of discounts such as 0% financing, free charging and low-priced leases.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.