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Tesla Delivers Record Vehicles in Q1

Tesla Delivers Record Vehicles in Q1

Saturday, 2 April, 2022 - 16:30
A Tesla sales and service center is shown in Costa Mesa, California, US June 28, 2018. REUTERS/Mike Blake/File Photo

Tesla Inc on Saturday reported record electric vehicle deliveries for the first quarter, driven by a ramp up in production at its Shanghai factory.

Tesla delivered 310,048 vehicles in the quarter, while Wall Street had expected deliveries of 308,836 cars, according to Refinitiv data.

Tesla said it sold a total of 295,324 Model 3 sedans and Model Y sport utility vehicles.

It delivered 14,724 Model S luxury sedans and Model X premium SUVs, up from 11,750 in the fourth quarter of 2021.

Analysts expected Tesla to deliver 15,066 Model S and Model X cars and 280,000 Model 3 and Model Y vehicles.

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