Thursday, January 2, 2025, updated at 9:33 AM
Breaking Down Tesla Q4 2024 Deliveries and Energy Storage Growth
Tesla Q4 2024 deliveries and energy storage growth marked a significant milestone, as the company delivered nearly 500,000 vehicles and saw a remarkable 243% year-over-year increase in energy storage deployments.
Tesla’s 2024 Performance at a Glance:
Total 2024 Deliveries: 1,789,226 vehicles, reflecting a 1% year-over-year decline.
Total 2024 Production: 1,773,443 vehicles.
Energy Storage Milestone
In Q4 2024, Tesla reported a record-breaking 11 GWh of energy storage deployments, marking a massive 243% year-over-year growth. Over the course of 2024, Tesla achieved a total of 31.4 GWh in energy storage deployments, further cementing its leadership in renewable energy solutions.
Breakdown of Q4 2024 Vehicle Production and Deliveries:
Model 3/Y:
Production: 436,718
Deliveries: 471,930
Other Models (Model S/X and Cybertruck):
Production: 22,727
Deliveries: 23,640
Tesla’s record energy storage deployment highlights its strategic push into renewable energy, even as the automotive segment faced slight challenges scaling production to meet delivery expectations.
Looking Ahead
As Tesla moves into 2025, its focus on innovation and sustainability remains clear. While its energy business continues to expand rapidly, overcoming production and delivery hurdles in a competitive EV market will be key to driving future growth.
Comments