Breakdown of the latest developments on the global exchanges
Apr 5, 2019, 12:00 PM GMT

Tesla shares sunk with 8.23% in yesterday's trading session because of poor deliveries statistics

The company announced that it is preparing for a weak earnings report for Q1 after it became clear that the actual deliveries of the new Model 3 in Europe and China have missed the initial expectations with more than 30%.

As a result, the share price opened with a 30.48 dollar gap from the previous day's closing price of 291.78 dropping to as low as 261.30 dollars per share.

Now the biggest question is whether the market will price in the news or there is going to be a further surprise after the next earnings report for the company.