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Why Tesla Stock Fell After Q1 Deliveries

TheMotleyFool 
0 0 02.04.26
Why Tesla Stock Fell After Q1 DeliveriesPhoto, wide shot, wide-angle lens, soft focus, Car rental company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-C39HK7mRtkD4E8dIGhNKdJKJ.png?st=2023-05-14T13%3A30%3A04Z&se=2023-05-14T15%3A30%3A04Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T20%3A57%3A44Z&ske=2023-05-14T20%3A57%3A44Z&sks=b&skv=2021-08-06&sig=c7kEiWtHt1KibrlL7jP9uEmEuV%2BuAnv1nRBACXoedSk%3D
 

(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

€290.95
-0.800%
The price for the Tesla Inc stock decreased slightly today. Compared to yesterday there is a change of -€2.350 (-0.800%).
Currently there is a rather positive sentiment for Tesla Inc with 106 Buy predictions and 39 Sell predictions.
As a result the target price of 409 € shows a positive potential of 40.57% compared to the current price of 290.95 € for Tesla Inc.
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