Forex
globalreutersApril 2, 20241 Mins read
Shares of Tesla fall 6% as March deliveries miss estimates
globalreutersApril 2, 20241 Mins read - Deliveries 387,000 vs 433,000 estimate
- Production 433,371
That’s a big miss and it comes after some major downward revisions to estimates in the past week or so. It means that Tesla sales were down y/y in Q1.
Earlier today, Tesla revealed that China deliveries were up just 0.2% y/y as it faces strong competition from BYD and other local manufacturers.
This article was written by Adam Button at www.forexlive.com.
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