Tesla Achieves Record High Deliveries in Q4, But Unfavorable Market Conditions Prevent Stock Price Surge

According to a report by Reuters, Tesla achieved a record high in electric vehicle deliveries in the fourth quarter, with a total of nearly 500,000 vehicles (494,989 vehicles), surpassing market expectations and successfully reaching its annual target for 2023 (1.8 million vehicles). However, Tesla’s fourth-quarter performance was outperformed by Chinese automaker BYD, which delivered 520,000 vehicles.