Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other major markets.
Elon Musk’s EV company reported 495,570 fourth-quarter deliveries, taking the full-year total to just under 1.8 million vehicles, about 1.1 percent less than the 2023 sales. Tesla said in October it expected a “slight growth” in vehicle deliveries for the year.
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