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Tesla shares fall after deliveries drop 8.5% from a year ago

www.cnbc.com Tesla shares fall after deliveries drop 8.5% from a year ago

Tesla just reported first-quarter vehicle production and deliveries for 2024.

Tesla shares fall after deliveries drop 8.5% from a year ago

Big YoY decline, despite record low prices.

Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries of 386,810 fell 8.5% from the year-ago quarter.

This is far lower than the lowest estimates I've seen. Huge miss.

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  • Kind of predictable due to the massive distraction they have been trying to engineer with FSD talking points.