"EV Stock Dip as Tesla Delivery Figures Unnerve Market"
Electric vehicle stocks, including Tesla, experienced a sell-off as recent delivery data did not meet investor expectations, despite a strong performance in 2023. Tesla reported a 19.5% increase in deliveries for the fourth quarter, surpassing estimates but losing the global EV delivery lead to China's BYD. Other EV makers like Nio, Li Auto, Xpeng, Rivian, Fisker, Mullen Automotive, and Nikola also saw their shares decline, with mixed delivery results indicating a challenging environment for the EV sector and contributing to investor wariness.