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- For the first time in almost four years, Tesla reported a decline in sales.
- One reason for this is that the cars delivered have fallen short of expectations.
Compared to the previous year, Tesla’s sales fell by nine percent to $21.3 billion. Tesla announced this itself after the stock market closed on Tuesday. Analysts had previously assumed sales of a good $22 billion. In addition to sales, the company’s profits have also shrunk. Tesla’s quarterly profit fell by 55 percent to $1.13 billion.
Legend:
A total of around 387,000 cars were delivered in the first quarter of 2024.
Keystone/Sebastian Gollnow
The decline in business figures has become apparent because Tesla missed expectations in terms of deliveries. Compared to the previous year, almost 40,000 fewer cars were delivered. Tesla points to, among other things, the Grünheide plant near Berlin as the reason for the decline. After an attack on the power supply, production had to be temporarily suspended.
New models planned
When presenting the quarterly figures, Tesla confirmed that new models will be produced in the second half of 2025. This should also include cheaper vehicles. Tesla had already reduced the prices for some model variants last weekend.
SRF 4 News, April 23, 2024, 11:00 p.m.; Agencies/msch
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