Tesla first-quarter sales fall 13% amid backlash against Musk, weak demand

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Tesla first-quarter sales fall 13% amid backlash against Musk, weak demand - Business Standard

Quick Summary:

A year ago, Tesla had delivered 386,810 units and this time the expectation was for 372,410 vehicles, according to an average estimate of 15 analysts from Visible Alpha.

Tesla has indicated plans to launch a lower-priced model based on its existing platform this year, but is yet to release specific details about the vehicle.

Tesla began offering the refreshed Model Y with updated styling and enhanced interiors in China late February and in the US and Europe last month.