"Tesla Surpasses Annual Goals with Record 1.8M Deliveries in 2023, Despite Losing EV Sales Crown"

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Source: CNBC
"Tesla Surpasses Annual Goals with Record 1.8M Deliveries in 2023, Despite Losing EV Sales Crown"
Photo: CNBC
TL;DR Summary

Tesla reported a total of 484,507 vehicle deliveries and 494,989 produced in Q4 of 2023, culminating in annual figures of 1.8 million deliveries and 1.84 million produced, marking a 38% and 35% year-over-year growth, respectively. Despite economic uncertainties and controversial remarks by CEO Elon Musk, the company exceeded analyst expectations and continued to expand globally, with plans for a new plant in Mexico. Tesla will discuss Q4 results and provide 2024 guidance on January 24, 2024.

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