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Tesla Reports Record Q4 Delivery Numbers, Stock Surges

Tesla Inc. announced record-breaking delivery numbers for the fourth quarter, exceeding analyst expectations and sending shares higher in after-hours trading

📊 Interactive stock chart for TSLA available in the full interactive version
Tesla Inc. announced record-breaking delivery numbers for the fourth quarter, exceeding analyst expectations and sending shares higher in after-hours trading. The electric vehicle manufacturer delivered 484,507 vehicles globally, representing a 20% increase from the previous quarter and beating Wall Street estimates of 473,000 deliveries. The strong performance was driven by increased production at the companys Gigafactories and robust demand for the Model Y crossover. CEO Elon Musk credited improved manufacturing efficiency and supply chain optimization for the outstanding results. The delivery milestone reinforces Teslas position as the global leader in electric vehicle adoption and suggests continued momentum heading into 2025.

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Topics:

teslaelectric vehiclesdeliveriesearningsautomotive