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Tesla’s Sales Fell in First Quarter as Competition Intensified

Source: New York Times

Tesla, which has been accustomed to brisk growth, reported a drop in car sales during the first three months of the year as models from other automakers appeared to gain ground.The company led by Elon Musk said it delivered 387,000 cars worldwide in the first quarter, down 8.5 percent from 423,000 vehicles in the same period last year. The sales figure was significantly below expectations.The reduced sales are…

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Read the original source at New York Times