Tesla’s fourth-quarter 2024 deliveries totaled 495,570 vehicles, falling short of analyst expectations and marking the company’s first annual decline in deliveries with 1,789,226 total vehicles delivered in 2024. Production for the quarter reached 459,445 vehicles. This news caused a significant drop in Tesla’s stock price. The lower-than-expected results follow a strong year for Tesla stock, which saw a 63% increase in 2024, but contrasts with CEO Elon Musk’s prediction of continued, albeit slower, sales growth.
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Elon Musk’s reported $277 million contribution to the election, coupled with his subsequent $200 billion increase in net worth, raises significant questions about the interplay between political influence and financial gain. This staggering increase, largely attributed to Tesla’s stock performance, occurred in the same timeframe as a major political event, leading many to draw a connection between his political investment and his financial windfall. The sheer scale of the numbers involved is undeniably striking, suggesting a potentially unprecedented level of influence exerted within the electoral process.
The narrative that this represents a “big bet” on Donald Trump that “paid off handsomely” is compelling, but requires careful consideration.… Continue reading
As a Tesla owner and enthusiast, it’s disheartening to see the recent news about the company’s shares falling after deliveries dropped 8.5% from a year ago. The hype surrounding Tesla’s innovative electric vehicles seems to be losing steam, and I can’t help but wonder why. Is it a loss of enthusiasm for electric vehicles in general, or is Elon Musk’s erratic behavior and controversial statements causing potential buyers to turn away?
I remember when I first heard about Tesla’s plans to release a $25k car, and I was eagerly waiting for it to hit the market. However, years have passed, and there’s still no sign of this affordable option.… Continue reading