US Stock Market Move | Fourth-quarter delivery volumes fell below expectations, causing Tesla, Inc. (TSLA.US) to drop by 5%.
On Thursday, Tesla (TSLA.US) fell by 5%, to $383.66.
On Thursday, Tesla, Inc. (TSLA.US) fell by 5%, to $383.66. In the fourth quarter, Tesla, Inc. delivered 495,570 vehicles, below analyst expectations of 512,277 vehicles, but breaking the previous year's record high of 484,507 vehicles. In the fourth quarter, Model 3/Model Y deliveries reached 471,930 vehicles, falling short of analyst expectations of 484,575 vehicles. According to CNBC's estimate, in the full year of 2024, Tesla, Inc. is expected to deliver/sell approximately 1.79 million vehicles, slightly lower than the 1.8 million vehicles delivered the previous year.
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