Tesla reports first year-on-year sales drop since at least 2015 after 1.1% dip

Tesla delivered 495,570 vehicles from October to December (AP Photo/Mike Stewart, File)

Tesla’s global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed to the electric car company’s first year-on-year sales decline since at least 2015.

The annual decline for the Austin, Texas, company came despite offers such as 0% financing, free charging and low-priced leases.