Tesla's Q1 Misses, Shares Plummet
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Teslas Q1 deliveries missed expectations by 358K, totaling 408K, with Model 3 and Y accounting for 342K. Shares plummeted 5.4% on April 2nd, now down 20% YTD. Analysts warn of heavy cash burn and risky bets on robotaxis and Optimus. Despite challenges, Tesla topped global EV sales and boosted China deliveries. Europe registrations surged 55% in France, 74% in Spain, and over 100% in Portugal.
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