Tesla's first-quarter sales report revealed a significant drop in deliveries, leading to a strong reaction from fans and analysts alike. Omar Qazi, a prominent Tesla supporter, described the numbers as 'brutal', noting they were the worst he had ever seen for the company. Tesla delivered just under 336,700 electric vehicles, falling short of analysts' expectations of 390,300 and marking a 13% decrease year over year. This decline has raised questions about Tesla's growth projections for 2023 and attributed mainly to production issues, notably with the Model Y.
Tesla's recent quarterly sales numbers were described as a 'disaster on every metric' by Dan Ives, highlighting widespread concern among analysts and fans.
Omar Qazi's initial reaction to Tesla's sales decline was 'brutal,' emphasizing the disappointment and his belief that returns to growth may not materialize this year.
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