Tesla (TSLA, Financial) is set to release its fourth-quarter and full-year delivery and production report. Analysts forecast a delivery of approximately 506,763 vehicles in Q4, surpassing last year's record of 484,507. Model 3 and Model Y are expected to account for 476,398 of these deliveries. Improved demand, especially in China, and incentives like zero-interest financing for new Model 3 and Model Y purchases, have bolstered Tesla's delivery channels.
However, to surpass 2023's total delivery of over 1.8 million vehicles, Tesla would need to deliver at least 515,000 vehicles in Q4. Analysts remain confident in Tesla's growth, predicting over 2 million deliveries in 2025. Despite a recent 3.25% stock decline, Tesla shares have risen over 62% in 2024. UBS and Barclays suggest delivery figures may have a limited impact on Tesla's stock due to the focus on AI and autonomous vehicles.
