Summary
Tesla reported its first annual decline in deliveries, with 1.79 million vehicles delivered in 2024 compared to 1.81 million in 2023.
Fourth-quarter deliveries (495,570) fell short of analyst estimates, causing Tesla shares to drop 7%.
Challenges included rising competition in Europe and China, declining sales despite price cuts, and growing inventory of Cybertrucks.
Analysts cited CEO Elon Musk’s political involvement as a potential distraction.
While Tesla plans to release lower-cost autonomous vehicles in 2025, its lack of affordable EVs and intensified competition have strained its market dominance.
They may not love their gas guzzlers after a year of super high gas prices.
Can’t wait for the “I did that!” stickers.
No, they absolutely still do. They just bitch about it more and blame the president.
When gas hit over $4 a gallon here in Texas, it barely moved the needle on sales of smaller vehicles. Those that did change vehicles went right back to that Ford F950 the second it came back down. Like, no one learned their lesson.
We’re three days from the switch to “the president doesn’t control gas prices “ in the moronsphere that is maga.
Remember who the president is going to be this time.
Oh they’ll still blame President Biden
Or Pelosi, or the Democrats or whoever.
That’s the disconnect in maga brains. It’s a democrats fault when they are president. It’s foreign countries fault when it’s a republican president.
Well obviously Obama did this, and Hunter Biden.
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