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Tesla stock surge runs up against a potential annual sales drop

Kara Carlson

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For all the exuberance about Tesla benefiting from Donald Trump’s return to the White House, Wall Street isn’t so sure the carmaker can avoid its first annual sales decline in more than a decade.

Analysts surveyed by Bloomberg estimate the company may deliver around 510,400 vehicles in the final three months of the year. That would set a new quarterly record for Tesla, but the company would need to sell about 4600 more cars to make good on its forecast for slight growth in 2024.

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    Original URL: https://www.afr.com/markets/equity-markets/tesla-stock-surge-runs-up-against-a-potential-annual-sales-drop-20250101-p5l1gf