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Tesla (TSLA) has not exactly started the year on the front foot.
Tesla's Q1 2026 deliveries grew 6% but missed analyst expectations by nearly 7,000 vehicles.
KEY POINTS
- Tesla's energy storage deployments fell to 8.8 GWh, missing consensus estimates by over 5 GWh.
- Retail sales in China dropped to 112,798 vehicles in Q1, down from 134,607 a year earlier.
- Tesla plans over $20 billion in capital expenditures to fund six major new facilities and AI infrastructure.
- Despite recent setbacks, analysts' mean price target for Tesla stock still implies a 14.3% upside.
COMPANIES
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