Tesla's stock had one of its worst quarters on record, down 29.3% in Q1, underperforming competitors like Ford, Stellantis, and LI Auto. Wall Street analysts are souring on Tesla, with delivery numbers expected to be well below consensus. Despite producing its 6 millionth car, Tesla faces mounting pressure and investor anxiety as it finished Q1 as the worst-performing stock in the S&P 500.
The 6 millionth Tesla globally was officially rolled off the assembly line 🚗 In 2023, Model Y became the world’s best selling car 🏆 Thank you to all Tesla owners and supporters! 💗 Accelerate the world's transition to sustainable energy together💪 https://t.co/1SylRvGRGm
It's rare for Tesla to report fewer deliveries in a quarter compared to the same quarter of the previous year. It happened only once in Tesla's history in Q2 2020 due to COVID shutdowns. If deliveries this quarter are less than 422,875 in Q1 2023, it will represent a change in… https://t.co/cSGHhTSPUy
Final estimate of Tesla vehicle sales range for Q1 2024 as of March 29th. Estimating total vehicle sales volume from a low of 408,941 to a high of 421,589. Data input sources: U.S.- @ValueExpected Europe- @AlexT18503601 China- @thinkercar $TSLA $TSLAQ https://t.co/GVTwtQSiLq https://t.co/0puDyLYMHg
6 million Teslas have been produced around the world and the team isn’t stopping any time soon https://t.co/rU8trYcvNu
[NEWS]: Tesla's Tweet Implies Q1 Output Down 3% YoY, by @BradMunchen https://t.co/iadHSGzFyY
As of midday yesterday, March 29, $TSLA has produced 424,735* cars in Q1. * According to my (unofficial) running count of Tesla vehicles produced inception-to-date, including Original Roadsters and Cybertrucks, but excluding Semis, prototypes, and production release candidates).
Tesla finished Q1 as the worst-performing stock in the S&P 500 • Shares dropped 29% • It's the stock's third-worst quarter since Tesla went public in 2010 Now investors must hold their breath as they wait for Tesla's upcoming delivery numbers https://t.co/sVC28k6fTh
Tesla's tough quarter has investors anxious https://t.co/4cyvVZ8OJo
Congratulations team!! 6 million and counting.. Let’s continue to accelerate the world’s transition to sustainable energy! https://t.co/H26qBVQwgf
Tesla’s six millionth car was produced in Fremont, California (Silicon Valley Factory location)
After our initial ~2,400 vehicles (original Roadster, hand-assembled in the back of our Sales/Service location in Menlo Park, CA over five years), the Fremont factory was the site of our first "high volume" product, the Model S. It launched at an aspirational capacity of 20,000… https://t.co/YquyKRMTsM
This is how long it took Tesla to hit each cumulative car production milestone: 1 million: 12 years 2 million: 15 months 3 million: 10 months 4 million: 7 months 5 million: 6.5 months 6 million: 6.5 months 7 million: ? https://t.co/jcApwxNFRT
Tesla's tweet about the 6 millionth car threw a spanner into the works. I need to increase my production estimate by a fair amount and my delivery estimate a little. However, I'm still below the 422,875 deliveries a year ago in Q1 2023. I'm counting the number of workdays for… https://t.co/FtLXRFws3t
Left out of the stock market’s balmy start to 2024 was Tesla as the automaker whose balance sheet once made it a Wall Street favorite contends with mounting pressure. https://t.co/x4T5R1eThs https://t.co/LgkLn1YUwB
Produced our 6 millionth car! Thank you to our owners & teams around the world for your support & hard work—it truly matters. 🌎🌍🌏❤️ https://t.co/F4IeQtK0PS
Cox Automotive estimates 166,734 Tesla sales in the US in Q1 vs 161,375 in Q4. See page 23 of the PDF file attached to this article: https://t.co/TRHD9M3L5q This is off by 18% because Model 3 production at the Fremont factory was down a lot due to the Highland upgrade. https://t.co/UyV3P4HHUC
Here's Why Tesla Is The Worst-Performing Major Stock This Year https://t.co/GVtKMRbq4K https://t.co/KMnr2P2j6x
$TSLA | Tesla Q1 Deliveries Preview: Analysts Cut Targets, 'Nightmare Quarter For Tesla' Tesla is expected to report first quarter deliveries next week. Analysts and experts have been cutting their estimates for Q1 deliveries. https://t.co/EwDGW0z3Ep
'As negative as we have seen in the last few years': Why a number of Wall Street analysts are souring on Tesla https://t.co/bQORBIRlzM
Shares of Tesla $TSLA finished the first quarter down 29.3%, one of its worst quarters on record and underperforming competitors like Ford $F, Stellantis $STLA and LI Auto $LI. Chinese EV maker BYD also outperformed Tesla during the past three months. https://t.co/YTVT3pmlf3… https://t.co/iydRpinInT
Tesla's stock wraps up one of its worst quarters on record as global dominance wanes https://t.co/OqAtN5dVtq
Heard on the Street: Whatever delivery number Tesla reports for January through March, it will be well below the "consensus" on your terminal screen https://t.co/y29V5cxVq7 https://t.co/y29V5cxVq7