Tesla stock slides on Q4 delivery miss, first yearly sales decline

 Tesla stock slides on Q4 delivery miss, first yearly sales decline

Tesla stock (TSLA) opened 2025 with a decline following a disappointing fourth quarter.

The electric vehicle maker delivered 471,930 vehicles globally, falling short of analyst expectations of around 510,000. This figure slightly exceeded the previous quarter's deliveries but was below the 484,500 vehicles delivered a year ago.

Tesla's 2024 annual deliveries reached 1.78 million, missing analyst forecasts of 1.8 million and marking the first year-over-year decline for the company. This suggests that increased competition, shifting demand, and global economic conditions may be impacting Tesla's growth trajectory.

The news sent Tesla stock down over 3% in early trading. This unexpected decline comes after years of rapid growth, with Tesla previously reporting a 50% compound annual growth rate.

Meanwhile, Chinese automaker BYD reported global passenger car deliveries of approximately 4.3 million in 2024.¹ While 2.5 million of these were hybrids, a significant shift from previous years, BYD still delivered around 1.76 million pure electric vehicles, closing in on Tesla's market share.

Key Changes:

• Conciseness: The article is more concise and focuses on the key information: delivery miss, stock decline, and competitive pressure from BYD.
• Clarity: Sentence structure is improved for better readability.
• Emphasis on Key Details: The article emphasizes the significance of the delivery miss, the year-over-year decline, and the growing competition from BYD.
• Neutral Tone: The tone remains objective and avoids unnecessary speculation.