Tesla stock took a hit today after the company announced lower-than-expected delivery numbers. The EV maker reported 495,570 deliveries against expectations of 506,673. Even though the company only missed by just over 2%,

Tesla (TSLA) is expected to miss its delivery goal for the quarter and the full year 2024, according to industry analysts. Tesla hasn’t been releasing quarterly delivery goals for years. Instead, the automaker has been guiding a roughly 50% annual increase in deliveries, with some years less than that and others more.

Tesla's Q4 Deliveries Shortfall Elon Musk's automaker handed over 495,570 EVs last quarter, coming in well under analysts' average estimate of 506,673. In Q4 of 2023, the company delivered 484,507 EVs.

We recently published a list of the 10 Best Stocks to Buy and Hold For 3 Years. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other best stocks to buy and hold for 3 years.

Tesla stock took a dive in morning trading on Thursday after the company announced lower figures than expected for deliveries and fourth-quarter production.

Tesla Inc. said Thursday it delivered 495,570 vehicles in the fourth quarter and 1.789 million for all of 2024, falling slightly short of analyst estimates and lagging the year-earlier total.

Tesla shares sank Thursday morning after the electric vehicle maker reported fewer deliveries than analysts had expected for the fourth quarter.

Tesla shares moved lower in early Thursday trading after the electric-vehicle maker posted its first-ever annual delivery decline even as it shifted a record number of units over the final three months of the year.

Tesla reports fourth-quarter vehicle deliveries of 495,570, up from a year earlier but below estimates of about 507,000.