Tesla quarterly car deliveries fall for the first time in nearly four years

Tesla posted a fall in deliveries for the first time in nearly four years and missed Wall Street estimates, a sign that the effects of its price cuts are waning as the automaker battles rising competition and softer demand.Tesla’s shares have fallen nearly 30% in value so far this year, sliding 5.7% in early trading on Tuesday.The world’s most valuable automaker handed over about 386,810 vehicles in the three months to 31 March, down 20.2% from the prior quarter. It produced 433,371 vehicles during the peri ...