Tesla shares sink as deliveries miss forecasts by 'wide margin': report

Tesla CEO Elon Musk's losing streak continued on Wednesday.

Hours after Republicans in Wisconsin lost a state Supreme Court race in Wisconsin where Musk spent tens of millions of dollars of his own money, shares of his flagship electric car company fell upon news that it had badly missed Wall Street estimates for the number of vehicles it had delivered in the first quarter of 2025.

As reported by Market Watch, Tesla revealed that "it delivered more than 336,000 vehicles during the first quarter...