Wedbush: Tesla’s Q1 delivery volume missing expectations is not surprising

Golden Finance April 2｜Wedbush stated that it is not surprising that Tesla (TSLA.US) missed Wall Street’s delivery expectations for the first quarter, “considering the current status of the global electric vehicle market and the company’s ongoing strategic adjustments with a stronger focus on artificial intelligence.” Analysts pointed out in a research report that they are looking forward to more information from the earnings call at the end of the month, and emphasized that investors are paying attention to the progress on Robotaxi and FSD. “All eyes remain on the company’s AI deployment, including its long-term shift in mission to establish sustainable revenue streams from artificial intelligence and robotics businesses,” the report said.