Tesla Delivers 386,810 Units in Q1 2024, and Its Days of Finished Goods Inventory Metric Explodes Despite Trying To Pull Forward the Demand

Tesla (NASDAQ: TSLA) has just concluded one of its most challenging quarters on record, and it has the wounds to show for its monumental struggle, going so far as to try to pull forward the demand from upcoming quarters by unleashing price hikes that became effective at the turn of the month, all in a bid to compel buyers to lock in orders in Q1. Even so, Tesla just barely evaded having to record a quarter with negative year-over-year growth in deliveries. Tesla delivered 422,875 cars a year ago in Q1 2023. They need to beat that to avoid headlines […]

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