Tesla shares slide after deliveries fall short of Wall St expectations

Tesla shares tumbled on the first day of trading in 2023 after the group’s new vehicle deliveries fell short of Wall Street expectations last quarter, adding to worries that the electric carmaker faces a slowdown in demand.

The company said on Monday it delivered 405,278 vehicles in the three months to the end of December, an increase of 11 per cent from the record it hit in the preceding quarter. Most analysts had expected deliveries…