Tag TSLA

Tesla (TSLA) reported fourth quarter deliveries of 495,570, falling short of Wall Street expectations and marking its first decline in annual deliveries in nearly a decade. William Blair Group head of energy and sustainability research Jed Dorsheimer joins Market Domination to analyze the company's figures. Dorsheimer observes "investor fatigue" surrounding Tesla's latest offerings, including the Cybertruck and Models S and X. He notes that, while the Cybertruck's price is set to decrease, it remains "a very niche market" for that vehicle type, suggesting a limited impact on overall deliveries. He emphasizes that Tesla's success primarily stems from its more affordable offerings: the Model 3 and Model Y vehicles. "For Tesla to rebound from a volume perspective on the auto side of its business, we think it's really going to be the introduction of a Model 2 or hatchback," he tells Yahoo Finance.  Dorsheimer highlights "a silver lining" in Tesla's energy storage side and concludes, "Tesla has a lot of different tools in its toolbox, and we'll see how it plays out. I think longer term, they've clearly demonstrated the ability to show resilience." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith...

US benchmark equity indexes closed lower on the first trading day of 2025, with the S&P 500 and the...

Tesla falls as fourth-quarter deliveries miss estimates, while Palantir declines and Nvidia shares rise to kick off the new trading year after spectacular gains in 2024 for both stocks...

Tesla reports fourth-quarter vehicle deliveries of 495,570, up from a year earlier but below estimates of about 507,000...

Tesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker...

Markets attempted to kick off the new year on the front foot as faith in techs reemerged...

Tesla stock took a hit today after the company announced lower-than-expected delivery numbers. The EV maker reported 495,570 deliveries against expectations of 506,673. Even though the company only missed by just over 2%, the record deliveries posted by Chinese automakers make the performance look much worse than it actually is. Chinese EV companies including NIO, […]...

Tesla faces EV demand challenges, falling sales prices, and rising competition, with 2024 deliveries below expectations...