Tesla sales drop in the first quarter, miss Model 3 estimates

//Tesla sales drop in the first quarter, miss Model 3 estimates

Tesla sales drop in the first quarter, miss Model 3 estimates

Tesla reported a drop-off in deliveries in the first quarter after US incentives for its vehicles shrank and the company struggled to quickly get Model 3 sedans to overseas consumers.The electric-car maker delivered 63,000 vehicles in the three months that ended in March, according to a statement Wednesday, down from 90,966 in the fourth quarter. The 50,900 Model 3 sedans Tesla delivered in the first quarter missed analysts’ average estimate for 51,750 and was lower than the totals in each of…

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By | 2019-04-04T01:48:50+00:00 April 4th, 2019|Business|Comments Off on Tesla sales drop in the first quarter, miss Model 3 estimates