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Tesla’s Annual EV Sales Drop for First Time in Over a Decade
- Carmaker’s 2024 results come in slightly below prior year
- Deliveries hit record last quarter but still missed estimates
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Tesla Inc.’s annual vehicle sales dropped for the first time in more than a decade despite a year-end push that sent deliveries to a record in the fourth quarter.
The Elon Musk-led company sold 1.79 million vehicles last year, slightly less than what it delivered in 2023 and below analysts’ average estimate.