Tesla's Sales Surge, But Misses Target
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Teslas Q1 sales rise by 6% to 358,000 vehicles, marking the first increase in three years, but still falling short of Wall Streets target. The boost is attributed to cheaper Model Three and Model Y variants, launched late last year. Despite the uptick, Teslas stock dropped 3% to $369 per share, and the company lost its top EV maker title to BYD. With rivals surging and competition intensifying, Musk is banking on robotaxis and humanoid bots to regain the lead.
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