Tesla loses title as world's biggest EV maker
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Tesla has rolled out leasing to its cheapest Model 3 and Model Y trims, adding another purchase option after U.S. EV incentives expired.
Tesla Inc. published a compilation of estimates for vehicle deliveries, and the averages for the current quarter are more pessimistic than those gathered by Bloomberg.
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
Tesla sold 39,800 vehicles domestically in the month of November, down nearly 23% from 51,513 vehicles this time last year, according to data from Cox Automotive provided to Reuters. The November tally was the automaker's lowest monthly sales since January 2022.
The result should be good enough to keep Tesla stock stable or higher on Friday. Shares of the electric-vehicle maker were up more than 2% in premarket trading and traded as high as $458.34 early on Friday.
Tesla (TSLA) disclosed on Friday that it delivered 418,227 vehicles in Q4 to fall short of the consensus estimate for a tally of 423K vehicles. The electric vehicle maker said it produced 434,358 vehicles during the quarter.