Tesla is scheduled to release its fourth-quarter 2024 vehicle delivery and production report on January 2, 2025. Analysts anticipate record deliveries, with estimates ranging from approximately 500,000 to 515,000 vehicles, indicating a potential 10% increase from the previous quarter and a 5% year-over-year growth.
Tesla’s stock price is currently consolidating ahead of the Q4 delivery report, forming a technical “pennant” pattern that suggests a potential continuation of its uptrend. Analysts highlight key support levels at $360 and $300, with resistance levels near recent highs.
For Q4 2024, deliveries are expected to show 10% growth quarter-over-quarter and a 5% year-over-year increase, potentially reaching record highs of 500,000–515,000 vehicles. The anticipated growth reflects strong demand and improved production efficiency. However, Tesla’s stock performance will also depend on investor sentiment toward margins, costs, and broader market conditions.