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Tesla reports lower 2024 auto deliveries, missing forecast

Tesla reports lower 2024 auto deliveries, missing forecast

Published on: January 2, 2025

Summary:

Content:

Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets. Besides rising competition from producers like China's BYD and legacy auto companies, analysts pointed to a sluggish ramp-up of production of the futuristic Cybertruck.
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