Tesla Q1 sales miss Wall Street expectations — and clock the first year-over-year quarterly decline since 2020

Tue, 04/02/2024 - 09:27

elon gets red — Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI

Tesla sold about 386,800 cars in the first quarter of 2024.
That's about 90,000 fewer than investors had expected.
Shares fell more than 7% in early trading following the news.

Tesla delivered fewer cars to customers in the first three months of 2024 than Wall Street expected, it said Tuesday, marking the company's first year-over-year sales drop in nearly four years.