Tesla (TSLA) reporting record Q1 deliveries on Sunday of 422,875 vehicles globally, an increase of 36% from last year. It does fall short of the 50% annual growth target CEO Elon Musk set, but the latest figures are a positive indicator following the company's recent EV price cuts.
Dan Ives, Wedbush Managing Director and Senior Equity Analyst, joins Yahoo Finance's Seana Smith and Dave Briggs to break down why Tesla's stock was down despite the positive news and to discuss the possibility of future price cuts.
Key video moments
00:12 On falling short of 50% annual growth
00:32 On the bull and bear case
01:09 On Tesla being a tech market disrupter
02:08 On further price cuts
