Tesla's car company reported the first time of the fall of annual sales, which was a shock for the market. According to the results of 2024, the company put 1,789 226 cars worldwide, which is 1% less than in 2023, when 1 808 581 cars were sold. About it reports The Hill with reference to the press release of the company.
Although the fourth quarter of 2024 became a record in terms of deliveries, these indicators did not significantly improve the annual results. At the same time, the fall of Tesla sales has not passed without consequences: the company's shares fell by almost 6% on Thursday, January 2. Prior to that, they increased sharply after the victory in Donald Trump's elections, whose political position and commitment to Ilon Maska, Tesla CEO, attracted the attention of investors.
The reduction of Tesla sales is associated with increased competition in the electric vehicle, where much of success is occupied by Chinese and European manufacturers. In particular, the Chinese car manufacturer continues to demonstrate the growth of its sales, actively competing with Tesla in the world market.
Reducing Tesla sales is a serious challenge for a company that has long been considered a leader in the electric vehicle market. Experts expect that the following years can be a test for the American manufacturer by increasing competition and changes in economic conditions in global markets.
