Tesla Q1 Trends: Rockslide
You know it's bad when delivery trends blow through even my lowest estimates—no thanks to the hapless CyberTruck which continues to shoot Tesla in the foot.
Tesla’s (TSLA 0.00%↑) first quarter is going seriously wrong. Second-quarter deliveries in February looked far worse y/y and sequentially versus the same period in the previous quarter, even compared with disturbingly weak January results—confirming again my concern that growth momentum has stalled (see Tesla: Moving The Goalposts Works Until It Doesn't, 1/26/24).