Tesla falls after downbeat Q1 deliveries

Tesla TSLA.O shares fall 3.9% to $366.26 premarket

TSLA says it delivered 358,023 vehicles in the January-March period, compared with analysts' average estimate of 368,903 vehicles, according to Visible Alpha data

Co says it will post its financial results for the first quarter after market close on April 22

The expiry of a $7,500 federal tax credit at the end of September dealt a blow to U.S. electric vehicle demand, stripping away a key incentive for the purchase of an EV

As of last close, stock down ~15% this year