Tesla plans to expand in Japan to at least 60 stores as it seeks to become the country's biggest imported car brand by as early as next year, the head of its Japan business said on Friday.
Bloomberg's Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI.
Tesla's months of promoting more affordable vehicles have reportedly not yielded more sales. As TechCrunch noted in a report Thursday (April 2), Elon Musk's electric vehicle (EV) company last year debuted scaled-back versions of its Model Y and Model 3 starting at $39,990 and $36,990 respectively.
Tesla delivered 358,023 vehicles during the first quarter, according to a company release on Thursday. The number came in far below the expectations of analysts.
TSLA's FSD v14.3 enters employee beta, with Elon Musk hinting at a broader rollout soon as upgrades target navigation and complex urban driving.
TSLA ramps up Japan expansion with more service centers and Superchargers to boost EV adoption in a market dominated by domestic brands.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) isn't the only Mag Seven stock to think about buying after a brief plunge into bear market territory.
Tesla's sales struggles improved in the first quarter, though not as much as Wall Street expected them to.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is down roughly 3% in early trading on Thursday after the company reported Q1 2026 deliveries of 358,023 vehicles, missing Wall Street's consensus range of approximately 365,645 to 372,160 vehicles.
Tesla Inc (NASDAQ:TSLA) reported first quarter vehicle deliveries that fell short of Wall Street estimates, delivering 358,023 vehicles compared with expectations of roughly 370,000. The company said it produced 408,386 vehicles during the quarter.
This is a developing story.
Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles.