Transportation
Tesla’s Sales Miss by the Most Ever in Brutal Blow for EVs
- Analysts slashed projections in recent days, but not by enough
- Shares extend 2024 rout that’s among the biggest in S&P 500
Tesla Inc. had Wall Street analysts second-guessing their models as the first quarter came to a close. One after another reduced their estimate for vehicle deliveries.
They didn’t cut by nearly enough.