Global Investing
Reality check: Tesla’s Q1 sales fall short of high expectations – Liam Denning
While Tesla reclaimed its title as the largest battery electric vehicle maker globally, its deliveries fell significantly short of expectations.
Tesla Inc.'s first-quarter sales figures have stirred mixed reactions. While the company reclaimed its title as the largest battery electric vehicle maker globally, its deliveries fell significantly short of expectations, marking its first year-over-year decline since the pandemic. Despite blaming production and logistics hurdles, Tesla faces a daunting challenge to meet annual projections. With looming financial repercussions and questions surrounding its valuation, Tesla's future hangs in the balance.
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By Liam Denning
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