Tesla Posts First Decline in Deliveries in Four Years, Remains EV Market Leader

Tesla posted disappointing production and delivery numbers in the first quarter of 2024, well below Wall Street expectations. The EV maker delivered 386,810 EVs in the quarter, down 20.2% from the prior quarter and 8.5% from a year ago. It produced 433,371 vehicles during the period. Tesla reported the production and delivery numbers for the first quarter of the year, and it was even worse than predicted. The EV maker missed Wall Street ... (continue reading...)