Tesla's Q1 2024 Delivery Decline
Tesla reported an 8.5% decline in deliveries for Q1 2024, causing a drop in shares. Various challenges including production ramp of Model 3, factory shutdowns, supply disruptions, and competition led to the decline. Elon Musk's polarizing persona is also affecting Tesla's brand perception and demand.
Key Points
- 8.5% decline in Tesla deliveries for Q1 2024
- Challenges included production ramp of Model 3, factory shutdowns, supply disruptions, and competition
- Elon Musk's polarizing persona impacting brand perception and demand