VinFast Auto Ltd. (NASDAQ:VFS) reported first-quarter earnings per share of $(0.26) loss, wider than the street view of $(0.22) loss.  EV deliveries were 9,689 in the first quarter, representing an increase of 444% year over year and a decrease of 28% from the fourth quarter of 2023. Total revenues were $302.6 million (consensus $450.618 million) in the first quarter, representing an increase of 269.7% year over year. Total revenues are primarily comprised of revenue from EV sales. Gross loss was $(150.8) million in the first quarter, rising 6.5% year over year. Gross margin was negative (49.8%) in the first quarter, contracting from negative (172.9%) on a year-over-year basis. “Supportive government policies, the anticipated transition of the EV market from early ...