Tesla Posts One Of Its Worst Sales Quarters In Years—Prediction Markets Saw It Coming
4/2/2026
Impact: -75
Consumer Cyclical
Tesla Inc (NASDAQ: TSLA) reported Q1 deliveries of 358,023 vehicles, falling short of Wall Street's consensus estimate of 372,160 and reflecting a 14.4% sequential decline from Q4 2025. Despite a year-over-year increase of 6.3%, the results were considered underwhelming by analysts, with Canaccord reducing its price target by $100 to approximately $395. The stock has declined about 13.5% year-to-date, and upcoming earnings on April 28 are expected to focus on production plans for the Cybercab.
AI summary, not financial advice
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