Tesla posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market. It’s the second consecutive quarter that Tesla has fallen short of projections. Investors have mostly been willing to overlook Tesla’s sales trend as Musk has refocused around the futuristic business lines of artificial intelligence, autonomous vehicles and robotics. Tesla shares fell 4.6 per cent as the markets opened in New York, the biggest intraday decline in almost two months. Tesla reported that it deployed 8.8 gigawatt hours of energy-storage products during the quarter, compared with 10.4 gigawatt hours a year ago.

Source: The Irish Times April 03, 2026 06:30 UTC