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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

€311.20
0.760%
Tesla Inc gained 0.760% compared to yesterday.
Our community is currently high on Tesla Inc with 103 Buy predictions and 40 Sell predictions.
With a target price of 397 € there is a positive potential of 27.57% for Tesla Inc compared to the current price of 311.2 €.
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