09:38 AM EDT, 04/02/2025 (MT Newswires) -- (Updates with analyst estimates from FactSet in the second paragraph, and recent stock movement in the last paragraph.)
Tesla (TSLA) delivered 336,681 vehicles in Q1, a 32.1% sequential drop and a 13% drop from the year-ago period.
Analysts polled by FactSet expected deliveries of 408,000 units.
The electric-vehicle maker produced 362,615 vehicles in Q1, down from 459,445 in the previous quarter and 433,371 in the year-ago quarter.
Shares were down more than 4% in recent early trading.
Price: 253.99, Change: -14.47, Percent Change: -5.39