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Tesla delivered 184,800 vehicles in the first quarter, exceeding expectations



Tesla Inc. TSLA,
-0.93%
It said on Friday that first-quarter deliveries (its sales agents) totaled 184,800 vehicles in the first quarter, exceeding FactSet’s forecast of 168,000. The electric car company said it produced more than 180,000 cars during this period. Delivery of its Model 3 sedans and Model Y compact SUVs reached 180,338. The consensus of FactSet is for 122,600 Model 3 and approximately 10,000 Model Y. The company said in a statement: “We are encouraged by the strong welcome of Model Y in China, and it is rapidly developing to full capacity production.”

; “The new Model S and Model X have also received wide acclaim, and the new equipment has It was installed and tested in the first quarter and we are in the early stages of mass production.” When the company announced its fourth-quarter earnings in January, it stated that it plans to increase production capacity “as soon as possible.” The average annual growth rate during the year will reach 50%. horizon. “The stock market was closed on Friday, but Tesla shares have fallen 6.2% so far this year, while the S&P 500 SPX,
+ 1.18%
An increase of 7%. In the past 12 months, the stock has still risen astonishingly 628%.


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