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Stock impact report

Tesla just pulled off an EV shocker no one saw coming [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
The EV maker said it delivered 358,023 vehicles in the first quarter, ample growth to move past BYD 's 310,389 battery-electric sales and reclaim the global BEV crown. That's great news for Tesla and signals that demand for its cars remains high amid a troubling geopolitical atmosphere. That's the good news for Tesla. The less comforting part is that the quarter was still Tesla's worst delivery quarter in a year and fell short of Wall Street 's expectations. What that means is that the result is not a clean win. The report, in my opinion, speaks to more of what the industry is going through rather than anything else. Tesla's lead came back, but not because everything is great Tesla's first-quarter total was up about 6.5% from a year earlier ; however, investors hardly batted an eye. Reuters reported that deliveries missed analyst estimates, while Tesla also built far more vehicles than it sold, leading to more than 50,000 units left on the lot, Reuters indicated. That gap i Show less Read more
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