Tesla's quarterly deliveries fall more than expected on lower EV demand

Core Insights - Tesla reported a larger-than-expected decline in fourth-quarter deliveries, indicating challenges in generating demand for its electric vehicles [1] - The company experienced a second consecutive annual sales decline, reflecting ongoing difficulties in the market [1] Delivery Performance - The fourth-quarter deliveries fell significantly, surpassing market expectations [1] - This decline suggests potential issues in demand generation for Tesla's electric vehicle lineup [1] Annual Sales Trends - Tesla's annual sales have decreased for the second year in a row, highlighting a concerning trend for the company [1] - The decline in sales may impact investor confidence and future growth projections [1]