Tesla Exceeds Q4 Delivery Expectations, Shares Dip
Tesla (NASDAQ: TSLA) announced that it produced approximately 495,000 electric vehicles (EVs) in the fourth quarter of 2023, surpassing analyst expectations. The company also delivered 484,507 units in the quarter, slightly exceeding the consensus estimate of 483,173. Despite the positive news, Tesla’s stock experienced a 0.8% decline in early trading. This dip in shares may reflect the broader sentiment surrounding electric vehicle demand.
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