adminTesla, Inc. (NASDAQ:TSLA) Q4 2024 Earnings Conference Call January 29, 2025 5:30 PM ET
Company Participants
Travis Axelrod – Head of IR
Elon Musk – CEO
Vaibhav Taneja – CFO
Lars Moravy – VP, Vehicle Engineering
Ashok Elluswamy – Director, Autopilot Software
Conference Call Participants
Daniel Roeska – Bernstein
Adam Jonas – Morgan Stanley
Pierre Ferragu – New Street
Dan Levy – Barclays
Operator
Good afternoon, everyone and welcome to Tesla’s Fourth Quarter 2024 Q&A Webcast. My name is Travis Axelrod, the Head of Investor Relations here at Tesla, and I am joined today by Elon Musk and Vaibhav Taneja and a number of other executives. Our Q4 results were announced at about 3.00 p.m. Central Time in the update deck we published at the same link as this webcast.
During this call, we will discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC. During the question-and-answer portion of today’s call, please limit yourself to one question and one follow-up. Please use the raise hand button to join the question queue.
Before we jump into Q&A, Elon has some opening remarks. Elon?
Elon Musk
Thank you. So, in summary, in Q4, we set a record and delivered vehicles at an annualized rate of nearly 2 million a year. So, congratulations to the Tesla team on excellent work, achieving record production and deliveries. Model Y was the best-selling vehicle of any kind for 2024. That’s worth noting. Not just the best electric vehicle, the best vehicle of any kind on earth, number one was Model Y. We’re staying focused on maximizing volumes and obviously doubling down for, I don’t know what, it really doesn’t, I was going to say doubling
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