Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump’s election and its CEO billionaire became a top policy adviser to t

Tesla’s global vehicle sales rose 2.3% in the final quarter of 2024 thanks to 0% financing, free charging and low-priced leases. But that was not enough for billionaire Musk's most valuable holding to overcome last year's sluggish start.

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After announcing the delivery results for the fourth quarter of 2024, Tesla's stock price fell by more than 5 per cent. It's the first annual decline in the company's history. The stock performance may also have been influenced by an incident involving one of the vehicles produced by the company.