Weekly Update April 8-12

Tesla deliveries/FSD, Cloudflare acquisitions, Nu product announcements, and a small watchlist company

Let’s get right into it!

Tesla

Tesla released delivery numbers on Tuesday and they were much worse than expected. This was the first ever quarter where Model 3/Y deliveries were actually down year-over-year. 

So what gives?

Well, we knew this year was going to be hard with the rapid rise in interest rates and the fact that so many EVs were purchased with lo…