The US manufacturer delivered 1.77 million cars, down 1.1% compared to 2023
For a -1.1% in sales for the year, many car manufacturing company managers would be the ones to put their proverbial signature on it at this moment. The fact becomes news if it concerns Tesla which in 2024 records a drop in registrations, precisely 1.1% compared to 2023. It is the first minus sign in nine years. The 2.3% growth in sales achieved in the last quarter was not enough to offset a disappointing start to 2024. Throughout the year, Tesla delivered 1,789,226 vehicles (1,773,443 produced) against 1.81 in 2023.
falling prices
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In the last quarter of 2024 the average selling price of a Tesla was 41 thousand dollars, the lowest in four years, explains the analyst firm FactSet. Registrations were 498 thousand. How this pricing policy will affect the Austin company’s accounts, in particular the net profit, will only be known on January 29th when the results will be announced. the majority of sales are supported by Model 3 and Model Y, the two cheapest cars in the US manufacturer’s range.
the stock market performance
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Even though shares are falling following the news of the drop in sales, in 2024, Tesla shares have gained over 61%, thanks above all to Donald Trump’s presidential victory, strongly supported by Musk. In mid-December, the stock updated its record, which had stood since 2021.
Gazzetta dello Sport
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