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Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises

Gizmodo LogoGizmodo5d ago

Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises - Gizmodo

Quick Summary:

Back in October, Tesla’s CEO told investors that he expects sales to increase by as much as 30% in 2025.

But given the company’s challenges in ramping up production on anything, it’d be hard to imagine it could meet demand even if it presented an opportunity to turn around the sales chart.

The slacking sales figures for the year, which fell short of analyst estimates, come despite a mad dash to make up for lost time in the fourth quarter.


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Article Details

Author / Journalist: AJ Dellinger

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 19:50:04 (5 days ago)

News Timezone: GMT -5:00

News Source URL: gizmodo.com

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Gizmodo

News ID: 24827151

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About Gizmodo

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Main Topics: Technology

Official Website: gizmodo.com

Update Frequency: 39 posts per day

Year Established: 2002

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #30

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