Tesla quarterly sales plunge
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Consensus analyst forecasts call for the company to report 408,000 Q1 deliveries, according to FactSet, a 5% increase from the 387,000 deliveries in the same period last year.
From Forbes
Several months ago, he swapped his Tesla for a battery-powered cargo bike and a shared electric Volkswagen. “I would never drive a Tesla again,” he said. “It’s a question of ethics.”
From The New York Times
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"I think these are the worst quarterly production & delivery numbers I've ever seen for Tesla," wrote Omar Qazi, better known as @WholeMarsBlog.
Tesla shares fell Wednesday after the electric vehicle maker's first-quarter deliveries came in below analysts' expectations.
Tesla investors are bracing for a drop in Q1 vehicle deliveries as a backlash against CEO Elon Musk's politics exacerbates weakening demand.
Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor ...
Shares of Tesla (TSLA 5.33%) soared to a record high of $479 at the end of 2024, shortly after President Trump won the election. Investors were optimistic about the possibility of
Tesla, as a leading EV brand in the United States, has potential to grow its deliveries in the long-haul. Read why TSLA stock is a Buy.