Tesla's Q1 Deliveries Miss Expectations, Prompting Investor Concerns and Price Cuts.
TL;DR Summary
Dow Jones futures were little changed ahead of Tuesday's open after the Dow Jones Industrial Average rallied 327 points Monday. Tesla stock dived below its latest buy point after the electric-vehicle giant reported a record number of vehicle deliveries in the first quarter, but still missed estimates, while analysts see more price cuts up ahead. Investors should be looking for opportunities to raise their market exposure and focusing on top growth stocks that are breaking out past correct buy points. Among the top stocks to buy and watch are Axon Enterprise, ServiceNow, Skyline, Boeing, Cisco Systems, and Nike.
- Dow Jones Futures: Tesla Dives Below Latest Buy Point On Deliveries Miss; What To Do Now Investor's Business Daily
- Tesla Q1 deliveries come in at 422K, up 36% year-over-year CNBC Television
- Tesla built more cars than it could sell in Q1 2023 Ars Technica
- Tesla Price Cuts Helped Sell Cars, But Didn't Help Profits Jalopnik
- Tesla shares drop after deliveries report raises investor concern that more price cuts are coming CNBC
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