Tesla Stock Slips Premarket As Q1 Delivery Report Nears; Investors Watch Key Range For Stability As Concerns Over Musk And Model Y Updates Weigh

Benzinga

Tesla stock fell over 2% in premarket trading Wednesday as investors awaited first-quarter delivery numbers, according to Barron's. Investors expect Tesla deliveries to meet a certain range to stabilize the stock, while a lower figure could trigger more declines. Tesla shares have dropped by nearly a third in 2025 and 45% from their December peak. Wall Street's delivery estimates fell due to concerns over Musk’s political image and a Model Y refresh slowing purchases. Tesla's first-quarter 2024 deliveries fell short of Wall Street expectations, surprising investors despite earlier downward revisions—similar to the pattern seen this year.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla stock fell over 2% in pre-market trading Wednesday,

00:05as investors awaited first quarter delivery numbers, according to Barron's.

00:09Investors expect Tesla deliveries to meet a certain range to stabilize the stock,

00:13while a lower figure could trigger more declines.

00:15Tesla shares have dropped by nearly a third in 2025, and 45% for the December peak.

00:21Wall Street's delivery estimates fell due to concerns over Musk's political image

00:25and a Model Y refresh slowing purchases.

00:28Tesla's first quarter 2024 deliveries fell short of Wall Street expectations,

00:32surprising investors despite earlier downward revisions similar to the patterns seen this year.

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