Elon Musk's Reputation Takes A Hit As Tesla Falls Short

Elon Musk’s Reputation Takes A Hit As Tesla Falls Short

June 20, 2023

in Investing

Reading Time: 3 mins read

The latest Tesla (TSLA) production and delivery data is out, and it is far below expectations. This is what the numbers mean for investors.

Tesla built 1.37 million electric vehicles during 2022, a significant miss to its internal target of 50% growth. Worldwide deliveries during the quarter also fell short of forecasts.

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Elon Musk’s Reputation Takes A Hit As Tesla Falls Short

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