Tesla set a new record in the fourth quarter. Nevertheless, Tesla's car sales in 2024 have not surpassed the previous year. Sales declined by 1%.
If you compare each quarter of this year with the same period last year, you will find that the first two quarters saw a year-on-year decline, while the last two quarters saw a year-on-year increase.
Here you can see that the first quarter experienced a pullback of 20%, followed by a rebound to a record new quarter.
Tesla is about to launch cheaper models. This should open up a large new customer base. We will also soon see an updated Model Y. Next year will be an exciting year.
Most people know that Tesla is not just a car company. However, having a growing customer base is not a bad thing. The more Teslas on the road, the greater the company's publicity, and the more potential buyers for future FSD.
$Tesla(TSLA.US)
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