(Bloomberg) -- Tesla Inc. had Wall Street analysts second-guessing their models as the first quarter came to a close. One after another reduced their estimate for vehicle deliveries.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyIran Vows to Punish Israel for Strike on Embassy in SyriaTesla Disappoints Analysts by Most Ever in Brutal Blow for EVsThey d...

Tesla (TSLA) reported weaker-than-expected first quarter deliveries and production figures, triggering a selloff in the company's stock. Barclays Senior Autos Analyst Dan Levy joins Yahoo Finance Live to analyze the factors contributing to this decline. Levy highlights slowing demand in the China and US markets, as well as production units that may have been "left in transit." This situation could potentially lead to an inventory buildup, necessitating "further price cuts ahead to clear that excess inventory." From a fundamental standpoint, Levy says, "there are a couple of challenges that need to be addressed" before Tesla's stock can experience a turnaround. He highlights volume concerns, which have resulted in flat growth, and notes that an inventory buildup could lead to weaker profit margins for the company. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith...

Tesla’s reputation is experiencing a downturn, influenced by CEO Elon Musk’s behavior, according to insights from a Caliber survey, reported by Reuters. The survey reveals a notable decline in the automaker’s reputation, attributing the drop to Musk’s actions, which seem to deter potential buyers. Caliber’s findings show an 8% decrease in Tesla’s “consideration” and “trust and like” scores since January, contrasting with the rising scores of competitors like Mercedes, BMW, and Audi. Don't Miss:...

Shares of Tesla fell Tuesday after the company reported first-quarter vehicle sales that missed Wall Street's estimates and were down 8.5% from year-ago levels. + Tesla's stock dropped 4.9%. Elon Musk's company said it delivered 386,810 vehicles worldwide to start the year, the first time it reported a year-over-year decline since 2020...

Tesla global first quarter deliveries plummeted to the lowest level in nearly two years as quarterly production greatly outpaced unit sales, the EV giant reported Tuesday. TSLA shares fell Tuesday. Tesla announced early Tuesday that it delivered 386,810 in Q1 while it produced 433,371 vehicles...

All is not right at Tesla—and the company’s dreadful first-quarter delivery number just confirms it. “The discrepancy between deliveries and production implies about 46,000 in incremental inventory, which confirms that beyond the known production bottleneck, there may also be a serious demand issue,” wrote Deutsche Bank analyst Emmanuel Rosner in a Tuesday report. In January, Tesla acknowledged that something wasn’t quite right, that it was stuck “between two major growth waves.”...

The carmaker’s first-quarter vehicle sales declined 8.5%, stoking further concern about the company’s growth prospects...