Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter

Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release. The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core automotive business as it navigates slowing electric-vehicle demand and a more competitive global market. Despite the shortfall, deliveries were still up 6.3% year over year, benefiting from an easier comparison period when production of the...