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TSLA - Was The Q1 Disaster A Surprise To Tesla Management?
Tesla Inc.
Today (April 4), Tesla's (TSLA) lawyers will be in federal court in New York, trying to convince Judge Nathan that the SEC is wrong to accuse Elon Musk of sending out false material information by Tweet. However, today Tesla issued a release which casts severe doubt on the veracity of more communications issued by management.
Today Tesla released its Q1 update on production and deliveries. Tesla produced only 62,950 Model 3 automobiles. This averages to less than 4,900 per week. Deliveries of the Model 3 fared no better - only 50,900 compared to