Tesla’s annual deliveries drop for first time since 2011

FT Editor Roula Khalaf’s weekly newsletter, Unlock the Editor’s Digest, features Tesla’s first drop in vehicle deliveries in over a decade, with fourth-quarter figures missing analysts’ estimates and shares falling 5%. The company delivered 495,570 vehicles in the quarter, below expectations, resulting in an annual drop in deliveries for the first time since 2011. Despite a higher-than-expected quarterly profit in October, Tesla’s chief executive Elon Musk predicted a 20-30% increase in vehicle sales by 2025.

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