Tesla's 2024 Delivery Miss: How Should You Approach TSLA Stock Now?

The wait’s over, but not quite in the way Tesla (TSLA) investors were hoping. The electric vehicle (EV) giant released its 2024 vehicle delivery report yesterday, and the numbers have been disappointing. It delivered 1,789,226 vehicles in 2024 (comprising 1,704,093 Model 3/Y and 85,133 Other Models), down from 1,808,581 units sold in 2023.On the third-quarter earnings call, Tesla CEO Elon Musk had said that he expected the company to witness modest delivery growth in 2024 despite macroeconomic uncertainty. ...