Tesla falls short of expectations for first-quarter deliveries

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Tesla falls short of expectations for first-quarter deliveries
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Tesla Inc. delivered about 63,000 vehicles in the first quarter, fewer than analysts had expected. Analysts surveyed by FactSet has expected 76,000...

Tesla Inc. TSLA, +2.07% delivered about 63,000 vehicles in the first quarter, fewer than analysts had expected. Analysts surveyed by FactSet has expected 76,000 deliveries, with about 54,600 of those being Model 3 sedans. Only 50,900 Model 3s were delivered, Tesla said in a statement late Wednesday. Tesla said overall deliveries were down 31% from the previous quarter, citing challenges in delivering a massive increase of cars to China and Europe.

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