Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries of 386,810 fell 8.5% from the year-ago quarter.
According to a mean of 11 estimates compiled by FactSet, analysts were expecting deliveries around 457,000 for the first three months of the year.
A consensus of 30 estimates sent by Tesla investor relations over the weekend to select investors indicated that analysts were expecting a mean of 443,027 deliveries and a median of 431,125 deliveries for the quarter.