Tesla Vehicle Delivery Trends Are Concerning, and Shares May Be Overvalued

Tesla (NASDAQ: TSLA) stock is off to a stumbling start in 2025. At the time of this writing, shares are down nearly 2% year to date. The pullback is due to the company's latest vehicle delivery numbers spooking some investors. The automaker said it delivered nearly 496,000 vehicles in the fourth quarter, up only 2% year over year. Even worse, the quarterly delivery figure put total deliveries for the year at about 1.789 million units, down from approximately 1.81 million in 2023.A year of underwhelming growth -- particularly during a time when interest rates moved higher -- wouldn't be too concerning if it weren't for the stock's pricey valuation. But a high valuation demands rapid growth, and Tesla isn't delivering.Adding to the bearish narrative for Tesla stock in 2025, the company's quarterly year-over-year growth rate in vehicle deliveries actually declined during Q4. Tesla's 2% growth rate was about 4 percentage points lower than the 6% growth the company posted in Q3. Further, the quarterly delivery number Tesla reported was below the consensus analyst forecast for the period. On average, analysts were expecting Tesla to deliver about 9,000 more units than it did.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool