Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified.
The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing an initial glimpse into how well the company’s strategy of chasing volume over profit margins worked.
Analysts surveyed by Bloomberg expect the Austin, Texas-based company to deliver a record 421,164 cars globally in the first quarter of 2023, up from the 405,278 it delivered last quarter.
