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Tesla's day of reckoning as first-quarter earnings set to be released

Posted on AllSides April 23rd, 2024
From The Right
Qilai Shen/Bloomberg via Getty Images / Getty Images

Tesla is set to release its first-quarter earnings on Tuesday after the market closes – and the electric vehicle (EV) maker faces a reckoning from investors after a big sales miss.

The company saw vehicle deliveries decline in the first quarter for the first time in nearly four years – falling well short of analysts' expectations amid a price war in China, where domestically made EVs like those from BYD have taken market share. 

Tesla has responded with price cuts for its most popular cars as well as its Full Self-Drive...

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