Tesla's stock slides after fourth-quarter and full-year sales fall short of estimates
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Tesla's stock declined after the company reported fourth-quarter and full-year vehicle deliveries that fell short of analyst estimates. Tesla delivered over 495,000 vehicles in Q4 and 1.704 million for the entire year of 2024, slightly below expectations and lower than the previous year's total.
January 02, 2025 | 2:30 pm
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NEGATIVE IMPACT
Tesla's stock is negatively impacted as the company's vehicle deliveries for Q4 and the full year of 2024 fell short of analyst estimates, also lagging behind the previous year's total.
The shortfall in vehicle deliveries compared to analyst estimates and the previous year's total is likely to negatively impact investor sentiment, leading to a decline in Tesla's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100