business / news / / Barchart
Tesla’s electric vehicle (EV) business has come under pressure as the company shifts.
Tesla's Q1 deliveries of 358,023 units missed the consensus estimate of 365,000 units.
KEY POINTS
- Federal regulators escalated their probe into Tesla's Full Self-Driving system to an engineering analysis.
- Tesla's storage solution deployments grew 49% year-over-year to 46.7 GWh, offsetting automotive declines.
- Active Full Self-Driving subscriptions rose 38% year-over-year to 1.10 million.
- Analysts attribute Q1 volume growth to margin-dilutive subsidy arbitrage in Korea, not organic demand.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →