Why Tesla (TSLA) Stock Is Down Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.1% in the morning session after the company reported underwhelming vehicle deliveries for Q4 2024. Total deliveries were 495,570 for Q4 2024, falling short of the consensus estimate of just under 507,000. Results for the quarter show the first annual drop in delivery numbers for the company, which reported 1.80 million deliveries in 2024 and 1.81 million deliveries in 2023.