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Tesla's car business isn't really in the driver's seat
Mint Kolkata
|January 04, 2025
The majority of the EV maker's market cap rides on hope for robotaxis, robots and AI
Tesla sold fewer cars in 2024 than it did the year before. Yet the company is worth about 53% more now. Don't think about it too hard. Car sales aren't really what the company's value is based on anymore.
The revved-up EV maker appeared to start the new year off on a bum note Thursday, with its stock taking a hit following disappointing vehicle delivery numbers for the fourth quarter. Tesla said it delivered 495,570 vehicles for the period, which was about 3% shy of the 512,300 deliveries projected by analysts, according to consensus estimates from Visible Alpha. The fourth-quarter results brought Tesla's deliveries for the full year to 1.79 million, which was down from the 1.81 million vehicles delivered in 2023, and the first annual sales drop the company has ever seen, according to Visible Alpha data.
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FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
Bar hopping with Lounge
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Chair man, of the bored
STREAM OF STORIES
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The loss of Srinagar as a cosmopolitan city
Sameer Hamdani's book brings alive the details that once defined life in one of South Asia's oldest cities but stops short of reflecting on the present
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Novo Nordisk debuts Ozempic at ₹2,200 a week
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1 mins
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Mint Kolkata
GST cuts, easing inflation drive rural demand revival
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2 mins
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Mint Kolkata
New Delhi and France revise 1992 tax treaty
India and France have struck a deal to revise their 1992 treaty which will halve the tax on dividends paid by Indian units to French parents, potentially saving millions for companies with major operations in the South Asian nation, documents show.
1 min
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Mint Kolkata
Nov retail inflation up to 0.71%, as fall in food price eases
India’s retail inflation inched up to 0.71% in November, from a record low of 0.25% in October, primarily driven by a seasonal rise in prices of some food items, which narrowed the deflation for the group.
1 mins
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Mint Kolkata
A teen, a wok and stir-fries for school
I should count myself lucky.
4 mins
December 13, 2025
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