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That means its annual deliveries are on track to shrink for the first time since it launched the flagship Model S in 2011 -- even though the company has drastically slashed prices over the past year to boost demand. Tesla delivered 1.29 million EVs in the first three quarters of 2024, which represented a drop of 2.3%
Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. This figure excludes $156 million of depreciation. I would like to highlight that this represents the 14th consecutive increase in annual dividends, since we initiated dividends in fiscal 2011. Q4 operating income was $8.8
Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. This figure excludes 124 million of depreciation. This figure excludes 502 million of depreciation. And finally, Q4 industrial sales of 236 million was stable year on year in fiscal '23.
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