Tesla's vehicle sales by quarter YTD Q4 2024
How many Tesla vehicles were delivered in 2024? Tesla's vehicle deliveries in the fourth quarter of 2024 amounted to around 495,600 units. Quarterly deliveries decreased by around 7.1 percent during the fourth quarter of 2024, compared with the third quarter of 2024. Between October and December 2024, deliveries crossed the 495,500 unit threshold, a new record for the brand.
World's most valuable brand
As of June 2024, Tesla was the most valuable brand within the global automotive sector. The brand was over double the brand value of Toyota, which was second in the ranking. July 2023 also recorded Tesla among the ten leading companies in the S&P 500 Index based on market capitalization, with a market cap around 880.8 billion U.S. dollars. However, Elon Musk's involvement with U.S. politics led to Tesla's share price dropping in early February 2025.
Tesla enters the mainstream segment
The initial rise in Tesla's market value was largely due to the release of its top-selling Model 3. The Model 3 was Tesla’s successful attempt to tap into the mainstream segment. By 2024, this Model consistently ranked among the world’s best-selling all-electric vehicle models, along with the best-seller Model Y. The Model 3 faces tough competition from other Tesla models, including the Model Y and the refreshed Model S Plaid.
