Stock Market Update

02-Apr-26 12:05 ET
Tesla slumps as deliveries fall short
Dow -149.26 at 46415.37, Nasdaq -53.10 at 21787.86, S&P -12.74 at 6564.67

[BRIEFING.COM] The major averages continue to trade a touch below their flatlines at midday.

Tesla (TSLA 365.80, -15.46, -4.05%) is now one of the worst-performing S&P 500 names today after the company announced that it produced over 408,000 vehicles in the first quarter and delivered over 358,000. CNBC reports that deliveries fell short of expectations, with Analysts polled by StreetAccount looking for around 370,000.

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