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Tesla falls short of Q1 deliveries expectations (TSLA:NASDAQ)

TSLA
Automotive & EVCorporate EarningsCompany FundamentalsAnalyst Estimates
Tesla falls short of Q1 deliveries expectations (TSLA:NASDAQ)

Tesla delivered 358,023 vehicles in Q1, missing the 365,000 consensus by ~1.9%. The company produced 408,386 vehicles in the quarter, indicating production exceeded deliveries and potential inventory build. The delivery shortfall is modest but could pressure the stock modestly as it contradicts consensus expectations.

Analysis

Tesla delivered 358,023 vehicles in Q1, missing the 365,000 consensus by ~1.9%. The company produced 408,386 vehicles in the quarter, indicating production exceeded deliveries and potential inventory build. The delivery shortfall is modest but could pressure the stock modestly as it contradicts consensus expectations.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

TSLA-0.15