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July 21, 2018

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Deliveries of Tesla cars up 69 percent in 1st quarter

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Jeff Chiu / AP

Tesla employees work on Model S cars at the Tesla factory Thursday, May 14, 2015, in Fremont, Calif.

Tesla saw a robust start to the year, as the electric carmaker sold a record number of vehicles in the first quarter.

More than 25,000 vehicles were delivered in the first three months of this year, a 69 percent increase over the first quarter of 2016. Of those, 13,450 were the Model S and about 11,550 were the Model X, the company announced Sunday.

“Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct,” Tesla said in a news release.

In addition to first-quarter deliveries, about 4,650 vehicles were in transit to customers at the end of the quarter. They will be counted as deliveries in the second quarter.

The numbers are in line with what Tesla projected for the first half of 2017 in its year-end shareholder letter released in February.

“We expect to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017, representing vehicle delivery growth of 61 percent to 71 percent compared with the same period last year,” Tesla said in the letter.

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