Tesla Shares Are Falling Today: What's Going On?
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Tesla shares fell 5.47% to $267.28 after disappointing Q1 results, with a 12% decline in deliveries and a 32% drop in stock price this year. Production issues, particularly with the Model Y, and declining vehicle registrations in the U.S. and Europe contributed to the downturn. Analysts cite operational challenges and brand perception under Musk as key factors. Despite current struggles, some believe Tesla could rebound in the second half of the year with new models and technology advancements.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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