Tesla stock falls on delivery miss as BYD takes EV crown — what’s next for TSLA
Tesla shares fell 2.3% to $439.31 in Friday’s regular session and traded between $462.42 and $435.33 after the electric-vehicle maker reported quarterly deliveries that missed estimates. Visible Alpha data showed analysts had expected 434,487 deliveries, and the annual tally left Tesla trailing China’s BYD after the expiry of a $7,500 U.S. federal EV tax credit and intensifying competition from rivals such as Volkswagen and BMW. “It’s about Optimus, Robotaxi and physical AI,” said Dennis Dick, a trader at Triple D Trading, which owns Tesla shares. Reuters