Tesla Delivers 484,507 Vehicles In Fourth Quarter

Tesla (NASDAQ: TSLA) is reporting this morning that it has produced 494,989 vehicles while delivering 484,507 in the fourth quarter. Reuters analysts had estimated deliveries of 473,253 units.

Broken down, the electric vehicle maker reported that it managed to deliver 461,538 units of Model 3’s and Y’s. The model S and X meanwhile were notably relegated to the “other models” category for the first time, which were presumably combined with Cybertruck figures, which combined for 22,969 vehicle deliveries.

For the full fiscal year, the automaker produced 1,845,985 vehicles, while delivering 1,808,581 vehicles. Model 3/Y accounted for 1,739,707 of those deliveries.

READ: Tesla Accidentally Revealed High Failure Rate In Defending Itself From Reuters

Notably, the company is facing challenges as it heads into the new year, with the Model 3’s rear-wheel drive and long range variants no longer qualifying for federal tax credits of $7,500 due to battery material sourcing requirements not being met.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Aims To Restart Production At Jerritt Canyon In H2 2027

Mercado Minerals Identifies A Series Of New Targets Following LiDAR Survey At Copalito

Related News

Tesla’s S&P Debut Could Trigger a Cascade of Selling in Other Index Components

As the anticipation of Tesla’s S&P 500 debut today continues to grow, the event may...

Monday, December 21, 2020, 10:23:27 AM

Autoworkers Union Sets Sights On Tesla

United Auto Workers President Shawn Fain, following a self-proclaimed victory over Detroit’s automakers, has set...

Wednesday, November 1, 2023, 07:40:00 AM

Tesla Faces Growing Crisis Over Failing Self-Driving Computers and Safety Concerns

Tesla Inc. (NASDAQ: TSLA) is facing significant backlash as customers report hardware failures with its...

Wednesday, January 8, 2025, 04:39:00 PM

Elon Musk Finally Debuts ‘Optimus’ Humanoid Robot — But Will He Deliver?

A year and a month after Tesla (NASDAQ: TSLA) comically brought out a ‘mockup’ of...

Monday, October 3, 2022, 03:20:00 PM

Elizabeth Warren Calls for SEC Investigation into Tesla and Elon Musk’s Twitter Takeover

Democratic Senator Elizabeth Warren is calling on the SEC to probe into possible violations of...

Monday, July 17, 2023, 04:33:00 PM