Tesla Surpasses Delivery Targets with 1.81M EVs in 2023 Despite Competitive Market
TL;DR Summary
Tesla surpassed delivery expectations in Q4 with 484,507 vehicles, exceeding the FactSet consensus of 473,000. The company saw a 38% increase in annual deliveries, reaching 1.81 million vehicles for 2023. Production also rose by 35% to 1.85 million vehicles. The majority of Q4 deliveries were Model 3/Y vehicles. Tesla's full Q4 earnings will be revealed on January 24, and its stock showed a slight premarket increase, outperforming the S&P 500 over the past year.
- Tesla Q4 deliveries total 484,507 vehicles to beat consensus MarketWatch
- Tesla’s record sales aren’t enough to hold onto EV sale title CNN
- Tesla reports 485,000 EV deliveries in Q4 2023 Yahoo Finance
- Tesla Delivered 1.81 Million Cars Globally in 2023, Hitting Full-Year Target The Wall Street Journal
- Tesla Sales Rebound After Steep Price Cuts The New York Times
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
27%
101 → 74 words
Want the full story? Read the original article
Read on MarketWatch