Shares of Tesla Inc fell 1.7% on Tuesday after news website Electrek reported th...
FILE PHOTO: Employees work in a Tesla showroom, as Tesla announces it would close many stores and its sales would now be online-only around the world, in west London, Britain, March 1, 2019. REUTERS/Toby Melville/File Photo
Chief Executive Officer Elon Musk had said last month that the company was on course to deliver a record number of cars in the quarter, beating the 90,700 it sent to customers in the final quarter of last year.The report said that when international market numbers are added, especially in places like Norway and China, Tesla will get pretty close to a new record.
In the first quarter, Tesla reported a 31% fall in deliveries, sparking concerns about the company’s ability to make profits and meet its delivery targets while it grapples with issues related to cash flow and manufacturing.
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