Tesla substantially undershoots already-lowered expectations
Having already surprised analysts with its lower-than-expected Q1 deliveries, Tesla again undershot expectations with its Q1 financial results, kept in the black only by higher regulatory credits as operating profit fell by 66% and automobile revenue dropped by 19.6%.
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Originally posted on: https://www.automotiveworld.com/articles/tesla-substantially-undershoots-already-lowered-expectations/