Tesla: Disappointing Deliveries, But Bulls Stay Positive
Tesla delivered 358,023 vehicles in the first quarter, below analysts' consensus of around 370,000 units. This second straight deliveries miss weighed on the stock, which was already down after the report, and reignites concerns about the automaker's near-term growth pace. Despite the setback, Wedbush kept its Buy rating and $600 price target, banking on th…