Shares of Tesla are trading lower after the company missed analyst expectations for first quarter deliveries. The electric vehicle maker reported delivering 386,810 vehicles during the quarter, falling short of the anticipated 449,000 units.
This news has contributed to the slump within the broader EV market. Tesla had previously warned of lower vehicle volume growth rate for 2023.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: