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Tesla's deliveries data is out — and it's much worse than expected

  • Tesla reported first-quarter deliveries of almost 336,700 EVs, missing analyst expectations.
  • Wall Street had braced for weakening demand following declining monthly sales numbers in multiple countries.
  • The total was 13% lower than the same period in 2024, with Tesla attributing the decline to changes in production lines ahead of the new Model Y.
  • Tesla shares fell about 4% in premarket trading following the release.

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