Tesla Inc Says In Q4, We Produced ~495,000 Vehicles And Delivered Over 484,000 Vehicles; In 2023, Vehicle Deliveries Grew 38% YoY To 1.81M While Production Grew 35% YoY To 1.85M
Portfolio Pulse from Benzinga Newsdesk
Tesla Inc reported Q4 production of approximately 495,000 vehicles and deliveries of over 484,000 vehicles. For the full year of 2023, Tesla's vehicle deliveries grew by 38% year-over-year to 1.81 million, while production increased by 35% year-over-year to 1.85 million.
January 02, 2024 | 1:43 pm
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POSITIVE IMPACT
Tesla Inc's strong Q4 production and delivery numbers, along with significant year-over-year growth in 2023, indicate robust performance and demand for its vehicles.
The reported increase in production and deliveries for Tesla in Q4 and the overall growth in 2023 are positive indicators of the company's performance and are likely to be well-received by investors. This could lead to a positive short-term impact on Tesla's stock price as it reflects the company's ability to scale up production and meet market demand.
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