Tesla sales drop for the first time in 9 years. Profit fall may come next
Briefly

from Fast Company1 month ago
Tesla's global sales increased by 2.3% in the fourth quarter, highlighting resilience after experiencing its first annual sales decline since at least 2015.
Fast Companyhttps://www.fastcompany.com/91254014/tesla-sales-drop-for-the-first-time-in-9-years-profit-fall-may-come-next
Despite offers like 0% financing and free charging, Tesla's overall annual sales fell 1.1% across a year marked by increased competition and changing consumer sentiments.
Fast Companyhttps://www.fastcompany.com/91254014/tesla-sales-drop-for-the-first-time-in-9-years-profit-fall-may-come-next
The company's average sales price is projected to drop to just over $41,000, marking the lowest figure in at least four years as demand softens.
Fast Companyhttps://www.fastcompany.com/91254014/tesla-sales-drop-for-the-first-time-in-9-years-profit-fall-may-come-next
Tesla's fourth-quarter deliveries did not meet expectations, contributing to a 5.2% drop in share prices, indicating investor concerns amid a challenging market landscape.
Fast Companyhttps://www.fastcompany.com/91254014/tesla-sales-drop-for-the-first-time-in-9-years-profit-fall-may-come-next
Read at Fast Company
#tesla #electric-vehicles #sales-performance #market-competition #investor-sentiment
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