(Corrects paragraph 2 to say 14 analysts polled by Refinitiv,
not 17 analysts polled by Visible Alpha)
April 19 (Reuters) - Tesla Inc missed market
estimates for first-quarter total gross margin on Wednesday,
throttled by a series of aggressive price cuts meant to spur
demand in a sagging economy and fend off rising competition.
Elon Musk-led Tesla reported total gross margin of 19.3%,
compared with expectations of 22.4%, according to 14 analysts
polled by Refinitiv.
(Reporting by Akash Sriram in Bengaluru; Editing by Anil
D'Silva)
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