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Annualgrowth

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"Tesla Surpasses Annual Goals with Record 1.8M Deliveries in 2023, Despite Losing EV Sales Crown"
businessfinance2 years ago

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

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.