Vehicle-Delivery Data: Wednesday Evening and Trading Thursday

vehicle-delivery data: Wednesday evening, after the close of both the regular trading and after-hours sessions, Tesla TSLA, -0.64% released its eagerly anticipated first-quarter vehicle-delivery data, and it wasn't pretty, according to Market Watch. Tesla said it delivered 63,000 vehicles in the first quarter, while analysts had been expecting 76,000. Chief Executive Elon Musk faced a federal judge to argue that his tweets have not violated an agreement with U.S. regulators, the company's recent data offered further proof that his words must be taken with a grain of salt. Its stock tumbled about 8% in regular trading Thursday. On Feb. 19, Musk tweeted that Tesla made 0 cars in 2011, but will make around 500k in 2019, a tweet that clearly confused some of his followers, because he clarified later, in another tweet, to say Tesla would make about 500,000 cars, but deliveries were still estimated at about 400,000. The company also reaffirmed its 2019 guidance of 360,000 to 400,000 total vehicle deliveries for the full year. (news.financializer.com). As reported in the news.

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