Tesla announces drop in sales of its vehicles in 2024

by times news cr

Tesla reported on Thursday a drop in sales of its vehicles in 2024, which did not meet the company’s forecasts and is a sign of growing competition in the electric vehicle sector in China and other important markets.

The electric vehicle manufacturing company owned by the tycoon Elon Musk reported 495,570 units delivered in the fourth quarter of 2024, which brings the accumulated total for the year to just under 1.8 million vehicles.

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That figure is approximately 1.1% less than 2023 sales, and refutes announcements made by Tesla in October, when it forecast “slight growth” in vehicle deliveries for the entire year.

Fourth-quarter sales increased compared to the same period a year ago, but were insufficient to avoid a decline in 2024.

Tesla He assured the current moderation of sales reflects its position “between two major waves of growth”, and that the next period will increase volume due to advances in autonomous driving technology and the introduction of new vehicles.

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Tesla thus crowns a 2024 with mixed results, a year in which Musk He immersed himself fully in electoral politics by supporting Donald Trump’s campaign for the White House with large financial contributions and by amplifying his messages on the X network.

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