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Wall Street analysts say Tesla's first-quarter deliveries were 'substantially worse' than expected

Wall Street analysts say Tesla's first-quarter deliveries were 'substantially worse' than expected

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/04/tesla-plunges-nearly-8percent-after-analysts-say-deliveries-were-substantially-worse-than-expected.html

Wall Street analysts were very disappointed in Tesla's first-quarter delivery and production figures.

Shares of the company plunged 8 percent in pre-market trading after Tesla said late Wednesday evening that it delivered 50,900 Model 3 cars in the first quarter, below the 52,450 analysts expected, according to the consensus estimate from FactSet. Overall deliveries also fell short of consensus estimates.

Wall Street analysts say Tesla's first-quarter deliveries were 'substantially worse' than expected

Apr 4, 2019, 11:27am UTC
https://www.cnbc.com/2019/04/04/tesla-plunges-nearly-8percent-after-analysts-say-deliveries-were-substantially-worse-than-expected.html > Wall Street analysts were very disappointed in Tesla's first-quarter delivery and production figures. > Shares of the company plunged 8 percent in pre-market trading after Tesla said late Wednesday evening that it delivered 50,900 Model 3 cars in the first quarter, below the 52,450 analysts expected, according to the consensus estimate from FactSet. Overall deliveries also fell short of consensus estimates.