Wedbush's Dan Ives on Q1 Deliveries Tesla (TSLA): 'Could Be Turning Point in Story If Musk Does Not Reverse Trend'

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Go back to Wedbush's Dan Ives on Q1 Deliveries Tesla (TSLA): 'Could Be Turning Point in Story If Musk Does Not Reverse Trend'

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for First Quarter 2024

April 2, 2024 9:04 AM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- In the first quarter, we produced over 433,000 vehicles and delivered approximately 387,000 vehicles. We deployed 4,053 MWh of energy storage products in Q1, the highest quarterly deployment yet.

Decline in volumes was partially due to the early phase of the production ramp of the updated Model 3 at our Fremont factory and factory shutdowns resulting from shipping diversions caused by the Red Sea conflict and an arson attack at Gigafactory... More