Tesla Q1 Deliveries Miss: 6 Reasons the Stock has Bottomed Anyway
Tesla Misses Q1 Delivery NumbersYear-to-date, the Zacks Rank #3 (Hold) stock Tesla ((TSLA) is down 26%. Meanwhile, shares have cratered more than 40% amid political backlash, slowing EV demand, tariff concerns, and cutthroat competition from Chinese EV makers like BYD, Xpeng ((XPEV) and Li Auto ((LI) ). This morning, the world’s leading EV-maker reported one of its most anticipated quarterly delivery numbers in its history:· Total Q1 Deliveries: 336, 681 (Consensus Estimates: 378k); -13% YoY· Mo ...