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International Business Times
International Business Times
Business
John BIERS

Tesla Reports Lower 2024 Auto Deliveries, Missing Forecast

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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