Tesla’s ambitious 2025 sales growth targets are doubted by analysts due to production challenges and competition from Chinese EV makers. Despite plans for a lower-priced model, concerns remain about Tesla’s ability to achieve projected growth, especially after a recent decline in deliveries.
Tesla shareholders, including Ark Investment Management, are appealing a court decision that voided Elon Musk’s $56 billion compensation package. The original lawsuit argued that Tesla’s board was influenced by Musk. Musk contends the lawsuit was brought by a “puppet” shareholder, not representing the interests of most investors. The appeal highlights ongoing debates about corporate governance and executive compensation.
Tesla’s stock soared 62.5% in 2024, with most gains post-election. This follows years of significant volatility. While 2024’s performance was strong, 2025 started with a decline due to missed delivery expectations. Investors await the January 29 earnings report for guidance on future growth.
Tesla reported record electric vehicle sales in China during December 2024, but overall global sales dipped slightly compared to 2023. The company is offering incentives in China to remain competitive while analysts project future growth. Tesla’s fourth-quarter financial results will be released on January 29.
U.S. stock futures rose on Friday, recovering from Thursday’s losses fueled by weak Tesla results and mixed economic data. While major indices fell on Thursday, premarket trading showed positive signs. Analysts offer mixed perspectives, with some expressing concern about high valuations and others noting the outperformance of small-cap stocks. The upcoming release of ISM manufacturing data is anticipated to influence market movement.
Billionaire Elon Musk donated 268,000 Tesla shares, worth approximately $101.6 million, to unspecified charities before the end of 2024. The donation was reportedly part of his year-end tax planning, and the charities have no immediate plans to sell the shares. Musk remains a major shareholder in Tesla and continues to rank among the world’s wealthiest individuals.
Tesla reported a 114% year-over-year increase in energy storage deployments to 31.4 GWh in 2024, driven by strong demand for its Powerwall and Megapack products. However, the company also saw its first annual decline in vehicle deliveries. This highlights Tesla’s diversification into the energy storage market, which showed strong financial performance, contributing 9.4% to total revenue in Q3 2024.
BYD surpassed Tesla as the world’s largest BEV seller in Q4 2024, delivering 595,413 vehicles compared to Tesla’s 495,570. However, Tesla retained the annual sales lead with 1,789,226 deliveries, while BYD delivered 1,764,992. Tesla’s annual sales decreased by 1.1%, unlike BYD’s 12% year-on-year growth.
Major US stock indices fell on Thursday. Carvana declined after a short-seller report, while Unity Software surged on social media speculation. SuperCom soared on new contracts, and Rigetti Computing rose with its new quantum computer release. Tesla fell after missing delivery expectations.
Tesla’s Cybertruck qualifies for a $7,500 US tax credit, boosting its appeal. This follows a recent fire incident, which Tesla’s CEO attributed to external causes, not vehicle malfunction. The tax credit makes both dual and single-motor variants more affordable, impacting pre-market trading positively for Tesla stock. This adds to the positive sentiment surrounding the electric vehicle market.
