The stock got a fresh boost on Friday as the US Department of Transportation announced looser rules for self-driving cars.

Tesla's first-quarter figures showed declines in both auto deliveries and revenue. Quarterly deliveries dropped 13% to 336,681, while auto revenue plunged 20% to $14 billion. Model 3 and Model Y deliveries fell 13%, while other models decreased by 24%. The latter shows that Tesla's distinct-looking Cybertruck is having trouble selling.

Even the perma-bull crowd of analysts covering Tesla warned of sorely disappointing results in Q1, a view signaled by the poor deliveries for the quarter reported in early April. But the numbers released after the market close on April 22 were much,