Tesla Stock Slips as Q1 Deliveries Fall Short of Estimates

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Aaron McDade

Wed, Apr 2, 2025, 6:07 AM 1 min read

Tesla said it delivered 336,681 vehicles and produced 362,615 successful the quarter, down from 386,810 deliveries and 433,371 vehicles produced a twelvemonth ago. Production fell year-over-year arsenic immoderate Tesla facilities shifted to producing the refreshed Model Y, which was released earlier this year, the institution said.

Analysts had expected 393,000 deliveries and 462,160 vehicles produced, according to Visible Alpha. The deliveries estimation had fallen 14% since Tesla reported fourth-quarter results successful January.

Shares of the EV shaper were down 4.7% instantly pursuing the merchandise of the deliveries data.

Last quarter, Tesla's deliveries and accumulation fell abbreviated of estimates, with the EV shaper reporting its archetypal yearly deliveries decline. Later successful January, Tesla said it expected deliveries to instrumentality to maturation successful 2025.

Tesla banal has slumped this twelvemonth implicit concerns that CEO Elon Musk's engagement successful the Trump medication is negatively impacting the company. Some of Tesla's biggest bulls connected Wall Street person called for Musk to disagreement his clip much evenly betwixt his authorities enactment and his companies, including Tesla.

Tesla dealerships person been the taxable of protests and vandalism successful caller weeks, with reports indicating income and registrations person fallen successful China and a fig of countries crossed Europe successful the opening months of 2025.

Tesla said it would merchandise its first-quarter results aft the doorbell connected April 22.

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