Tesla reports 1.1% sales drop for 2024, first annual decline in a decade

Tesla reports 1.1% sales drop for 2024, first annual decline in a decade
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Tesla reports 1.1% sales drop for 2024, first annual decline in a decade
Author: Via AP news wire
Published: Jan, 02 2025 14:23

Summary at a Glance

Tesla reports 1.1% sales drop for 2024, first annual decline in a decade Tesla's global sales rose 2.3% in the fourth quarter, but the increase wasn't enough to overcome a sluggish first half, and sales for the full year fell short of 2023 numbers.

It was the first year-over-year sales drop for the Austin, Texas, company since at least 2015, and it came despite offers of discounts such as 0% financing, free charging and low-priced leases.

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