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Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed

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Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed


A Tesla Model 3 charges at a Supercharger. Paul Hennessy/NurPhoto via Getty Images Tesla stock fell 7% on Monday after the company announced its first quarter vehicle deliveries. Tesla delivered 422,900 vehicles last quarter, which was ahead of Wall Street's 421,500 estimate. The stock fell as…

#model3 #paulhennessy #tesla #barclay #danlevy #austin #berlin #wedbush #danives

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