Tesla misses first-quarter delivery estimates

April 03, 2023 02:12 AM AEST | By Reuters
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(Reuters) - Tesla Inc on Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition outweighed the electric automaker's efforts to prop up demand with price cuts.

Tesla delivered 422,875 vehicles compared with analyst expectations for 430,008 vehicles, according to Refinitiv data.

(Reporting by Akash Sriram and Urvi Dugar in Bengaluru; Editing by Sriraj Kalluvila and Lisa Shumaker)


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