Tesla stock slides following big Q1 delivery miss

News Snapshot:

Tesla (TSLA) stock is tumbling after the EV-maker reported a significant delivery miss for the first quarter. The Q1 delivery report comes after Tesla warned in January that its vehicle volume growth rate would be "notably lower" than in 2023. For Q1, Tesla reported 386,810 global deliveries, well below estimates of 449,080 as compiled by Bloomberg. Tesla produced 433,371 vehicles, which was also below estimates of 452,976. Tesla's Q1 delivery total is a significant drop sequentially from the fourth quarter, during which it delivered 484,000 vehicles, but more concerning to investors is the Q1 figure represents a year-over-year decline compared...