Dip in Tesla's customer deposits triggers worries over orders


  • TECH
  • Friday, 05 May 2017

Tesla, which has faced production challenges in the past, is banking on the mass-market Model 3.

A 7% drop in Tesla Inc's customer deposits in its latest quarter raised concerns about future sales at the US luxury electric-car maker. 

The company's shares were down nearly 5% in afternoon trading on Thursday, on track for their third straight day of decline.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Adobe to bring full AI image generation to Photoshop this year
Tesla shares edge higher ahead of quarterly results
TikTok risks fines as EU issues ultimatum over app launch
TikTok’s crackdown on Ozempic influencers threatens weight-loss drug hype machine
China’s cheap EVs redraw the map of where cars get made
Microsoft introduces smaller AI model
Tesla layoffs draw suit claiming not enough warning for workers
China wants everyone to trade in their old cars, fridges to help save its economy
HK$888,888 for a set of plastic utensils? Hongkongers have some fun with ban
North Korea hacking teams hack South Korea defence contractors - police

Others Also Read