Tesla says new vehicle deliveries in the first quarter fell 31% from the previous three months as it strained to ship its Model 3 to Europe and China
Tesla Inc. said new-vehicle deliveries in the first quarter fell 31% from the previous three months as the electric car maker strained to ship its Model 3 compact car to Europe and China for the first time.
The Silicon Valley auto maker delivered about 63,000 vehicles in the latest period, worse than analysts’ already-lowered expectations. Analysts on average had predicted deliveries would drop to 73,500, according to FactSet, a figure reflecting total deliveries of Model 3, Model S and Model X vehicles.
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