{"id":1909055,"date":"2023-04-03T06:12:03","date_gmt":"2023-04-03T10:12:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-misses-delivery-estimates-for-first-quarter\/"},"modified":"2023-04-03T06:12:45","modified_gmt":"2023-04-03T10:12:45","slug":"tesla-misses-delivery-estimates-for-first-quarter","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-misses-delivery-estimates-for-first-quarter\/","title":{"rendered":"Tesla misses delivery estimates for first quarter"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftesla-misses-delivery-estimates-for-first-quarter%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1909055&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>\n<html><br \/>\n   <body><\/p>\n<div class=\"entry-content\">\n<p>The electric automaker Tesla missed its Q1 delivery estimates due to a difficult economic outlook and rising competition that impacted its sales performance. According to Refinitiv data, the company delivered 422,875 vehicles compared to the anticipated figure of 430,008 vehicles.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">\n            <script>\n               googletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });\n            <\/script>\n         <\/div>\n<p>Tesla CEO Elon Musk&#8217;s strategy of cutting prices to stimulate sales has not achieved the desired outcome of enhancing margins. Nonetheless, investors remain optimistic, and the company&#8217;s shares have surged by over 68% in 2022 in the hope that its pricing strategy will pay dividends in a price war with rivals. Despite this, the stock is still more than 50% down since November 2021.<\/p>\n<p>Due to the extremely turbulent economy, and increased competition arising from companies such as Ford Motor Co. and Lucid Group, Tesla has resorted to price cuts to maintain momentum. In China, the world&#8217;s largest auto market, the company used this approach to fend off competition, and sales of the Model Y compact SUV have been exemplary. <\/p>\n<p>(This story has been corrected to remove the reference to price cuts failing to attract customers in the title and text)<\/p>\n<\/p>\n<p>(Reporting by Akash Sriram and Urvi Dugar in Bengaluru; Editing by Sriraj Kalluvila, Will Dunham and Lisa Shumaker)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/tesla-misses-delivery-estimates\/attachment\/file-photo-tesla-showroom-in-beijing\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The week saw several notable global headlines.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>With the U.S. 2022 midterm elections just concluded, speculation regarding the 2024 election is rife.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>In an interview with One America News, South Carolina Congressman Ralph Norman stated that Manhattan District Attorney Alvin Bragg and his indictment of former President Trump are expected to face scrutiny from congressional investigative committees in the future.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>OAN Newsroom UPDATED 4:20 PM \u2013 Friday, March 31, 2023 Is the America we once knew changing? And what is happening to our\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(This March 31 story has been corrected to say Laurianne Krid is director general of\u2026)<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Canada&#8217;s approval of Rogers Communications&#8217; C$20 billion ($15 billion) bid has caused concern.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Italy&#8217;s deputy prime minister criticized a decision by the Data Protection Authority of the government to ban chatbots temporarily.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Four AI professionals have expressed concern about their work being cited in an open letter, causing them to feel misinterpreted.<\/p>\n<\/p><\/div>\n<p>   <\/body><br \/>\n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Tesla Inc on Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition weighed on the electric automaker\u2019s sales. Tesla delivered 422,875 vehicles compared with analyst expectations for 430,008 vehicles, according to Refinitiv data. Investors have been watching CEO Elon Musk\u2019s gamble that cutting prices would stimulate sales, making<\/p>\n","protected":false},"author":66,"featured_media":1909056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[4398,6004,15392,7509,6734],"class_list":["post-1909055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-delivery","tag-estimates","tag-misses","tag-quarter","tag-tesla"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1909055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1909055"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1909055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1909056"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1909055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1909055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1909055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}