American Tesla in the first quarter reduced deliveries by almost 13% compared to the same period last year – to 336.681 thousand electric cars.
According to the company’s press release, in particular, sales of budget models Model 3 and Model Y were 323.8 thousand, the rest – 12.881 thousand.
Wall Street analysts on average estimated deliveries at just 378 thousand cars. The 13% drop was the worst in the company’s history.
Tesla’s car production in January-March fell more than 16% to 362,615k.
The company will publish full financial statements for the first quarter on 22 April, the report said.
Tesla share prices are down 2.4% during trading on Wednesday. Since the beginning of this year, the market value of the automaker fell by 35% (to $863 billion), while the stock index Nasdaq Composite lost about 10%.