Tesla continues the downward trend in the first quarter, with the worst quarterly deliveries in almost three years (336K units) and the biggest sales slump in history (-13% YoY). The numbers were significantly below Wall Street estimates, as well as Tesla-compiled consensus. What’s worse is that Tesla’s bet on the Cybertruck backfired spectacularly.
The way Tesla’s monthly sales were going in January and February was a star… (continue reading…)
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