From The Verge: Tesla’s production and delivery numbers for 2024 are out, and the numbers are pretty sobering.
The premiere EV company in the US produced 1.77 million cars this year, a drop of about 4 percent compared to the previous year, and delivered 1.79 million vehicles this year, or about 1 percent less than 2023. Tesla also deployed 31.4 GWh in energy storage.
That said, the company said it had a “record” fourth quarter for deliveries, with 495,570 vehicles making their way to customers. Tesla also said it deployed 11 GWh of energy storage products, which it also said was a record. And it produced 459,445 vehicles, most of which were Model 3s and Ys.
But the late year rally wasn’t enough to bring the company’s full-year numbers in line with 2023. And indeed, Tesla CEO Elon Musk had warned at the beginning of the year that increased competition and reduced demand for the company’s aging lineup of vehicles was going to be an overall drag on its performance in 2024. Not even the relative popularity of the Cybertruck, which began deliveries late last year, was enough to lift Tesla’s fortunes for the year.
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