Tesla’s stock suffers steepest drop of 2026 on disappointing deliveries report
Tesla shares fell more than 5% after its first-quarter report showed lower deliveries and production compared with the previous quarter, despite modest year-over-year growth. The company delivered about 336,681 vehicles in Q1, slightly above last year but below analyst expectations. Overall vehicle sales have been declining in recent years, and Tesla’s stock is down roughly 20% in 2026. The bulk of deliveries still comes from its Tesla Model … Continue reading Tesla’s stock suffers steepest drop of 2026 on disappointing deliveries report
