Tesla's First-Quarter 2024 Report

Tesla's first-quarter vehicle production and deliveries report for 2024 showed a decline in deliveries and production compared to the previous year and the fourth quarter. Various challenges, including production issues, competition in China, and mixed reviews for new models, contributed to the decline. Analysts had lower expectations than Tesla's actual performance, and the company faced disruptions due to the Red Sea conflict and an arson attack at Gigafactory Berlin.