te Tesla delivers fewer than expected Model 3 sedans in first quarter | Zee Business

Tesla delivers fewer than expected Model 3 sedans in first quarter

Tesla delivered 50,900 Model 3s in the quarter, falling short of analysts` estimates of 58,900, according to IBES data from Refinitiv.

Tesla delivers fewer than expected Model 3 sedans in first quarter
Tesla Inc delivered fewer than expected Model 3 sedans in its first quarter, Photo: Reuters

Tesla Inc delivered fewer than expected Model 3 sedans in its first quarter as the electric car maker shifted its sales focus to international markets, where transit times are longer.

Tesla delivered 50,900 Model 3s in the quarter, falling short of analysts` estimates of 58,900, according to IBES data from Refinitiv.

Deliveries of all models fell 31 percent from the fourth quarter to 63,000 vehicles, including 12,100 Model S sedans and Model X SUVs.

Written By: Reuters
Updated: Thu, Apr 04, 2019
06:38 am
Reuters

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