Tesla Deliveries Slip, Technical Indicators Add To Stock’s Downward Momentum

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Benzinga

Tesla, Inc. (NASDAQ:TSLA) encountered headwinds in its first-quarter deliveries, reporting a decline to 386,810 vehicles from 422,875 a year earlier. Production figures followed suit, dropping to 433,371 units from 440,808 in the same period. The market responded, with Tesla’s stock dropping as news of the delivery numbers circulated. Tesla March delivery & production numbers update: Tesla Stock Dives As Q1 Deliveries Disappoint — But EV Giant Reclaims Top Spot From Chinese Rival The company attributed the decline in volumes to several factors, including early production challenges with the up…

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