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Why Tesla Stock Fell After Q1 Deliveries


(NASDAQ: TSLA) announced first-quarter vehicle deliveries today, and they weren't overly impressive. The company delivered nearly 360,000 electric vehicles (EVs) at the start of the year, but Wall Street expected even more.

That wasn't the only disappointment, though. Tesla shares plunged on the news. Here are the other reasons the stock was down 4.2% at 12:20 p.m. ET.

Image source: The Motley Fool.

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Source Fool.com

Tesla Inc Stock

€289.30
-0.570%
Tesla Inc shows a slight decrease today, losing -€1.650 (-0.570%) compared to yesterday.
Our community is currently high on Tesla Inc with 106 Buy predictions and 39 Sell predictions.
With a target price of 409 € there is a positive potential of 41.38% for Tesla Inc compared to the current price of 289.3 €.
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