09:37 AM EST, 01/02/2025 (MT Newswires) -- (Updates with annual figures and recent stock movement in the last three paragraphs.)

Tesla (TSLA) said Thursday it produced about 459,000 vehicles and delivered a record 495,570 in Q4.

The electric automaker said it deployed 11.0 gigawatt hours of energy storage in Q4, also a record.

Tesla produced 436,718 Model 3/Y vehicles and delivered 471,930 in Q4, while it produced 22,727 and delivered 23,640 for all other models.

In 2024, Tesla produced and delivered about 1.8 million vehicles. Energy storage deployments for the year were 31.4 GWh.

Tesla produced and delivered about 1.7 million Model 3/Y vehicles in 2024, and produced about 94,000 and delivered about 85,000 for all other models.

Tesla shares were down 7% in early Thursday trading.

Price: 383.94, Change: -19.90, Percent Change: -4.93