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Tesla Stock Slides After Cybertruck Blast. Will It Hurt Musk's Business?

Newsweek
Summary
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80% Informative

Tesla Cybertruck exploded outside the Trump International Hotel in Las Vegas on New Year's Day was followed by the company's fourth-quarter delivery numbers and a drop in its stock price.

In the fourth quarter , Tesla delivered 495,570 vehicles, falling short of its 515,000 -unit target.

This brought Tesla 's full-year deliveries to 1.79 million vehicles, a 1.1 percent drop from 1.81 million in 2023 .