Part 2/10:
Jeff Lutz, an automotive industry expert, weighed in on the newly released numbers. He explained that while the figures were below expectations, they were not entirely unexpected given the planned production adjustments Tesla announced on January 29th. According to Lutz, Tesla had previously indicated they would suffer a loss of roughly 100,000 production units this quarter. This anticipated decrease was largely due to a significant changeover for the Model Y, which typically involves certain production interruptions.