Tesla 1Q sales fall nearly 9% as competition heats up and demand for electric vehicles slows

The Guardian

Lean Left

Mixed Factuality

Independent: Scott Trust Limited

Tesla quarterly car deliveries fall for the first time in nearly four years

Drop is sign that effects of its price cuts are waning while electric automaker’s shares have fallen nearly 30% so far this year

CTV News

Center

High Factuality

Media Conglomerate: Bell Media

Tesla sales fall nearly 9% to start the year as competition heats up and demand for EVs slows

Tesla posted its first year-over-year drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand.

Reuters

Center

High Factuality

Private Equity: The Woodbridge Company

Tesla misses Q1 delivery estimate on slowing EV demand, tough competition

CBC News

Lean Left

High Factuality

Government: Government of Canada

ANALYSIS | Tesla and the EV market brace for a slowdown

Tesla's earnings are being heralded as an 'unmitigated disaster.' A drop in production and deliveries presents a fork in the road and a real challenge for EV makers worldwide.

Associated Press News

Lean Left

High Factuality

Independent: Independent Media

Tesla sales tumble nearly 9%, most in 4 years, as competition heats up and demand for EVs slows

DETROIT (AP) — Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers.