Tesla Stock Is Falling. Odometer Lawsuit, Earnings Loom Over Shares. - Barron's
1. Tesla is delaying a lower-cost Model Y, impacting investor confidence. 2. The company faces a lawsuit regarding manipulated odometers, denying claims. 3. Shares fell 5.5% on the first trading day after Easter weekend. 4. First-quarter deliveries of 337,000 vehicles were below Wall Street estimates. 5. Earnings expectations have decreased; EPS expected at 39 cents, down from 45.