Tesla Inc.’s stock soared by 4.5% on January 10, 2025, following the announcement of record-breaking electric vehicle (EV) deliveries in Q4 2024. The company reported 475,000 deliveries, exceeding Wall Street’s expectations and highlighting robust global demand for its EV lineup. Tesla’s CEO emphasized the role of innovative battery technology and the company’s strategic expansion into Asian markets as key contributors to this growth. Analysts remain optimistic about Tesla’s outlook for 2025, with several raising their price targets to $320 or higher. Despite supply chain challenges, Tesla’s ability to scale production and deliver on promises has reinforced its position as a market leader in the EV sector.
Tesla Stock Jumps After Record EV Deliveries
