Tesla Sales Decline 1.1% in 2024: A Reflection on Austin's Electric Vehicle Market
Thursday, 2 January 2025, 14:53
Austin Technology and Tesla's Sales Performance
Tesla sales for 2024 fell short of 2023 numbers, marking the company's first annual sales drop since at least 2015. A 2.3% increase in global sales during the fourth quarter couldn't offset a sluggish first half of the year. Despite implementing attractive offers such as 0% financing, free charging, and low-priced leases, the electric vehicle demand has slowed significantly.
Sales Figures Overview
- Tesla delivered 495,570 vehicles from October to December.
- Total deliveries for the year: 1.79 million.
- Sales fell 1.1% compared to 2023's 1.81 million.
This decline in sales underscores a challenging climate for electric vehicles both in Austin and nationally.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.