Tesla reported first-quarter figures that weren’t impressive, with new vehicle deliveries reaching 386,810 by the end of March, an 8.5% drop from a year earlier, according to reports. And the disappointing news doesn’t stop there for the automaker.
Softening deliveries reflect broader headwinds facing the EV market. While notable, Tesla’s slump isn’t unique, fitting into a wider pattern of cooling demand that has challenged electric vehicle makers across the industry.
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