Why is Tesla selling less cars? [Video]

The strange thing about Tesla’s latest results is that a company touting leadership in artificial intelligence and self-driving cars struggles to predict where its own sales will be in a couple of months.

In late October, Tesla surprised markets by announcing it expected a “slight increase” in annual vehicle sales in 2024, implying the company would move around 515,000 in the fourth quarter. Wall Street analysts, who had been slashing their forecasts for fourth-quarter sales for the best part of a year, duly reversed course and the consensus estimate jumped to almost that number.

As it turns out, sales came in at about 496,000.

Companies do miss …