Tesla Fell Over 2% in Premarket Trading After Posting Its Q1 Deliveries Results

Tiger Newspress2023-04-03

Tesla Motors fell over 2% in premarket trading after posting its Q1 deliveries results.

It delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffetted by rising interest rates and faster inflation.

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Comments

  • a4xrbj1
    2023-04-03
    a4xrbj1
    Yet, traders still don't get it. Please take a look at the sales numbers for the car manufacturers in general to understand what kind of achievement this is. Q1 is always the weakest quarter after the year end sales rally. Tesla is gaining even more market share as their competitors, especially those that don't have competitive EV's are loosing (eg Toyota abd Honda).
  • Andrewinho
    2023-04-03
    Andrewinho
    Nice!! 🤭🤭🤭
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