Tesla Investors Dream Of Big Things Ahead
The Wall Street Journal|January 04, 2025
The stock remains expensive after a big drop
Tesla Investors Dream Of Big Things Ahead

Tesla sold fewer cars in 2024 than it did the year before. Yet the company is $526 billion more valuable 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, according to Visible Alpha data.

Denne historien er fra January 04, 2025-utgaven av The Wall Street Journal.

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Denne historien er fra January 04, 2025-utgaven av The Wall Street Journal.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.