The Austin, Texas-based company reported delivering 386,810 vehicles from January through March, nearly 9% lower than the 423,000 sold in the same quarter last year.
Tesla results show that it has recorded its first quarterly decline in deliveries since 2020, when the coronavirus pandemic erupted. The US company led by tech billionaire Elon Musk delivered 386,810 of its electric cars to customers between January and March, according to its own figures. In the same quarter of the previous year the figure was almost 423,000. Analysts had expected an average increase to just over 449,000 deliveries in the first quarter of 2024. Tesla shares, which have already