Tesla delivered fewer cars last year than it will in 2023, marking its first year-over-year decline and signaling the company is struggling to reach new buyers. That means Tesla’s Cybertruck, which is the company’s first true new model since 2020, did little to boost the company’s growth in its first full year of sales.
The company announced Thursday that it delivered 1.77 million vehicles globally in 2024, up from 1.81 million in 2023. Only 85,133 of those vehicles delivered were what Tesla refers to as “other models,” which includes the older Model S sedan, Model X SUV. and Cybertruck. Shares of Tesla, which have been floating since CEO Elon Musk helped Donald Trump win re-election in November, fell in premarket trading.
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