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Tesla set to report drop in Q1 deliveries on weak demand, Musk backlash (www.reuters.com)

submitted 5 days ago by cm0002@lemmy.world to c/usa@midwest.social

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April 2 (Reuters) - Wall Street is bracing for Tesla (TSLA.O) to report a drop in first-quarter vehicle deliveries on Wednesday, but analysts and investors cannot agree on how bad the decline would be.

An average of 15 analysts who lowered their forecasts in the past 30 days expect deliveries to drop 3.7%, according to Visible Alpha, but some analysts and investors termed it conservative and predicted as much as 12% slide.

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[–] SwingingTheLamp@midwest.social 2 points 5 days ago

See, this is why that judge should let the company pay its CEO that $55 billion! Without the proper incentive in place, it's not getting his best performance.