Motoring

Blow for Tesla as EV giant misses projections

Tesla handed over 386,810 vehicles in the first three months of 2024, falling short of analysts’ average estimate for 449,080 deliveries

Tesla stock fell 6 per cent in early trading. Picture: Getty

Tesla suffered its first year-over-year sales drop since the early days of the Covid-19 pandemic.

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Tesla handed over 386,810 vehicles in the first three months of 2024, falling well short of analysts’ average estimate for 449,080 deliveries, the company said in a statement Tuesday. The stock fell 6 per cent in early ...