Tesla shares drop after EV sales fall short of expectations

Source: Business Insider

Elon Musk founded SpaceX in 2002. Harun Ozalp/Anadolu via Getty ImagesTesla sales for the first three months of 2026 came in below Wall Street's expectations, as demand for EVs slowed. Elon Musk's automaker sold 358,023 EVs in the first quarter, up 6% from the same period last year.