Tesla Misses Sales Expectations, Stock Plunges 34% as Growth Concerns Mount
• Tesla's first quarter sales figures missed expectations by a wide margin, raising questions about future growth prospects • Without hyper-growth, Tesla's lofty valuation becomes harder to justify • Tesla's stock has plunged 34% this year, making it the worst performer in the S&P 500 • Analysts warn Tesla's share price could fall further if growth isn't quickly restored • Technical analysts say Tesla shares may be bottoming out in the short term, but a sustained rebound requires convincing investors that strong growth can return