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Tesla Stock Slips as Q1 Deliveries Fall Short of Estimates

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Nutrition label

83% Informative

Tesla delivered 336,681 vehicles and produced 362,615 in the quarter , down from 386,810 deliveries and 433,371 vehicles produced a year ago .

Production fell year-over-year as some Tesla facilities shifted to producing the refreshed Model Y , which was released earlier this year .

Tesla stock has slumped this year over concerns that CEO Elon Musk's involvement in the Trump administration is negatively impacting the company.