April 2 (Reuters) - Tesla missed estimates for
first-quarter deliveries on Tuesday, as it battled competition
from upstarts and established players in major markets, while
facing a softness in demand for its aging line-up of electric
cars.
The electric-vehicle maker handed over about 386,810
vehicles in the three months to March 31, down 20.2% from the
prior quarter and 8.5% lower from a year ago.
Wall Street on average had expected Tesla to deliver 454,200
vehicles, according to 18 analysts polled by Visible Alpha.
(Reporting by Akash Sriram in Bengaluru; Editing by Arun
Koyyur)