Tesla handed over 386,810 vehicles in the first three months of 2024, the company said in a statement Tuesday.
That fell well short of analysts' average estimate for 449,080 deliveries. The stock fell 7% in early New York trading.
Wall Street had rapidly lowered projections for the Austinbased company's deliveries as the first quarter came to a close, including some analysts who correctly predicted that the tally would come in below the 422,875 delivered a year ago.
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