Tesla's car business isn't really in the driver's seat
Mint Mumbai|January 04, 2025
The majority of the EV maker's market cap rides on hope for robotaxis, robots and AI
Dan Gallagher
Tesla's car business isn't really in the driver's seat

Tesla sold fewer cars in 2024 than it did the year before. Yet the company is worth about 53% more now. Don't think about it too hard. Car sales aren't really what the company's value is based on anymore.

The revved-up EV maker appeared to start the new year off on a bum note Thursday, with its stock taking a hit following disappointing vehicle delivery numbers for the fourth quarter. Tesla said it delivered 495,570 vehicles for the period, which was about 3% shy of the 512,300 deliveries projected by analysts, according to consensus estimates from Visible Alpha. The fourth-quarter results brought Tesla's deliveries for the full year to 1.79 million, which was down from the 1.81 million vehicles delivered in 2023, and the first annual sales drop the company has ever seen, according to Visible Alpha data.

この記事は Mint Mumbai の January 04, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Mumbai の January 04, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MINT MUMBAIのその他の記事すべて表示
Public debt: Do not let it eclipse the fiscal deficit
Mint Mumbai

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

time-read
3 分  |
January 06, 2025
Budget: It must aim to engineer India's economic transformation
Mint Mumbai

Budget: It must aim to engineer India's economic transformation

The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals

time-read
3 分  |
January 06, 2025
The 'Asian Aunty' is smashing ageist and gender stereotypes
Mint Mumbai

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

time-read
3 分  |
January 06, 2025
The Digital Data Protection Rules Have Hits and Misses
Mint Mumbai

The Digital Data Protection Rules Have Hits and Misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

time-read
4 分  |
January 06, 2025
Mint Mumbai

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

time-read
4 分  |
January 06, 2025
Get public-private partnerships right for target-oriented growth
Mint Mumbai

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

time-read
3 分  |
January 06, 2025
How this 27-year-old is rebuilding her finances after a French detour
Mint Mumbai

How this 27-year-old is rebuilding her finances after a French detour

Angane is leveraging dual income streams to repay her loan and regain financial control after health concerns

time-read
5 分  |
January 06, 2025
Mint Mumbai

How to Use Home Loan Interest as Acquisition Cost

With the 2023 amendment offering clarity, taxmen must enforce the law in right spirit

time-read
2 分  |
January 06, 2025
Ketan Parekh: Inside SEBI's 30-Month Probe
Mint Mumbai

Ketan Parekh: Inside SEBI's 30-Month Probe

The investigation claims to have untangled a mesh of people and entities involved in a front-running scam

time-read
8 分  |
January 06, 2025
Nayara set to add a fuel station per day
Mint Mumbai

Nayara set to add a fuel station per day

Nayara Energy, India's largest private fuel retailer, plans to add 400 petrol pumps this year to expand its retail network across various states, the firm said in a statement on Sunday.

time-read
1 min  |
January 06, 2025