Tesla shares slide after it reports first drop in annual delivery numbers
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Tesla's shares declined after the company reported its first drop in annual delivery numbers. Despite a late-year stock rally, CEO Elon Musk warned of slower growth, although results improved later in the year.
January 02, 2025 | 2:30 pm
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Tesla's shares fell following the announcement of its first annual delivery drop. Despite a late-year rally, CEO Elon Musk has warned of slower growth, impacting investor sentiment.
The drop in Tesla's annual delivery numbers is a significant factor for investors, as it indicates potential challenges in meeting growth expectations. CEO Musk's warning of slower growth further impacts investor sentiment negatively, leading to a decline in stock price.
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