Tesla falls as Q1 deliveries miss estimates

Shares of electric vehicle maker Tesla TSLA.O down 4.6% at $256.1 in premarket trading

Tesla reported deliveries of 336,681 vehicles in Q1; analysts estimated deliveries of 372,410 vehicles, according to an average estimate of 15 analysts from Visible Alpha, who lowered their forecasts in the past 30 days

Tesla's deliveries down 13% in Q1 vs a drop of 8.5% in Q1 last year

The company handed over 323,800 Model 3 and Model Y vehicles in Q1 vs 369,783 units in the same period, a year earlier

Tesla's sales in key European markets fell again in March, data showed on Tuesday

It's sales of China-made vehicles fell 11.5% in March from a year earlier, according to data from the China Passenger Car Association

Up to last close, stock had fallen ~33.5% this year