Tesla Inc on Monday fell short of Wall Street estimates for fourth-quarter electric vehicle deliveries, slammed by lingering logistics problems and slowing demand amid rising interest rates and recession fears.
A view shows the Tesla logo on the hood of a car in Oslo, Norway November 10, 2022. REUTERS/Victoria Klestyon Monday fell short of Wall Street estimates for fourth-quarter electric vehicle deliveries, slammed by lingering logistics problems and slowing demand amid rising interest rates and recession fears.
The world's most valuable automaker delivered 405,278 vehicles in the last three months of the year, compared with Wall Street expectations of 431,117 vehicles, according to Refinitiv data.Reporting by Akash Sriram and Baranjot Kaur in Bengaluru; Editing by Sriraj Kalluvila and Matthew Lewis
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