Tesla Misses Q1 Delivery Estimates, Shares Drop 15% This Year

• Tesla Inc. reported one of its worst sales quarters in years, missing Wall Street expectations.
• The company delivered 358,023 vehicles worldwide in Q1, falling short of the 372,160 analyst estimate.
• This marks the second consecutive quarter Tesla has missed delivery projections.
• Despite the miss, deliveries rose 6.3% year-over-year, recovering from Model Y production pauses and consumer backlash.
• Tesla's traditional car business remains its primary cash generator, crucial amid wavering US EV demand.