Tesla woos Wall Street and drivers with autonomous vehicle fanfare
Yesterday was a somewhat mixed day for Tesla, as the electric carmaker announced that Q1 shipments fell 31% on the previous quarter, due in large part to transit delays in getting its Model 3 sedan into Europe and China. “Because of the lower than expected delivery volumes and several pricing adjustments, we expect Q1 net income to be negatively impacted,” the company said in its investors’ guidance letter.