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Tesla Surpasses Delivery Targets with 1.81M EVs in 2023 Despite Competitive Market

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Source: MarketWatch
Tesla Surpasses Delivery Targets with 1.81M EVs in 2023 Despite Competitive Market
Photo: MarketWatch
TL;DR

Tesla surpassed delivery expectations in Q4 with 484,507 vehicles, exceeding the FactSet consensus of 473,000. The company saw a 38% increase in annual deliveries, reaching 1.81 million vehicles for 2023. Production also rose by 35% to 1.85 million vehicles. The majority of Q4 deliveries were Model 3/Y vehicles. Tesla's full Q4 earnings will be revealed on January 24, and its stock showed a slight premarket increase, outperforming the S&P 500 over the past year.

Topics:businessbusiness-and-finance##business-and-finance#earnings#electricvehicles#q4deliveries#stockmarket#tesla
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  1. Tesla Q4 deliveries total 484,507 vehicles to beat consensus  MarketWatch
  2. Tesla’s record sales aren’t enough to hold onto EV sale title  CNN
  3. Tesla reports 485,000 EV deliveries in Q4 2023  Yahoo Finance
  4. Tesla Delivered 1.81 Million Cars Globally in 2023, Hitting Full-Year Target  The Wall Street Journal
  5. Tesla Sales Rebound After Steep Price Cuts  The New York Times

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