Tesla Inc. TSLA,
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.”
An increase of 7%. In the past 12 months, the stock has still risen astonishingly 628%.