Q1 2024 Deliveries for Tesla (TSLA) Experience 8.5% Year-over-Year Decline
๐ Tesla’s Q1 2024 deliveries declined by 8.5% year-over-year. ๐ง Production of over 433,000 vehicles with approximately 387,000 deliveries in Q1 2024. ๐ Tesla’s Q1 2024 production and delivery numbers fell below Wall Street’s estimates. ๐ญ Reasons for production decline include Model 3’s updated production ramp and factory shutdowns at Giga Berlin due to shipping…