Tesla blames sales drop on Houthi attacks and arson in Germany

Sure, sure. Yeah.

The board will do the needful thing when that share price drops far enough. Until then, you just go ahead and blame anyone you want. It's not fooling anyone.

This is the best summary I could come up with:

Crucially, Tesla shipped fewer cars than it did in the first quarter of 2023, meaning this was the first year-over-year drop in sales in three years.

These drops come just two months after Tesla warned that sales growth could be “notably lower” in 2024 as it comes off a successful 2023 fueled by price cuts.

The company claimed in January that it is “between two major growth waves” as it tries to ramp up production of the Cybertruck.

It also has a lower-cost EV in the works, though plans for that have already shifted, and the company has said it is trying to create an all-new manufacturing process to get costs lower.

Bloomberg News reported last month that Tesla curtailed output at its Shanghai factory as a result of slower sales growth in the country.

The company promoted a one-month free trial of its advanced driver assistance software (which it calls Full Self-Driving, even though it does not make the cars autonomous).

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