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Tesla's quarterly report shows record deliveries

The company is off to a great start this year

By Lana Jelic on Apr 3, 2017 at 01:26 pm CDT - 0 mins, 46 secs reading time

Tesla Motors has announced their quarterly results which show that the company's deliveries have jumped by 69% compared to the same quarter last year.

Tesla's quarterly report shows record deliveries | TweakTown.com

The company delivered a record of 25,000 vehicles - 13,450 Model S and 11,550 Model X. Tesla's production in the first quarter also hit a quarterly record by manufacturing 25,418 vehicles.

Tesla has said it expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017.

The company struggled in the fourth quarter due to transition to a new autopilot hardware which resulted in the 9.4% deliveries drop. However, the company is off to a great start this year.

Tesla's Model 3 should also go on sale later this year. Last year, more than 370,000 people deposited $1000 for this vehicle which showed enormous interest in this $35,000 car.

Last updated: Sep 1, 2017 at 05:21 am CDT

Lana Jelic

ABOUT THE AUTHOR - Lana Jelic

Lana has a passion for technology and science. She spends her time looking for the latest and most interesting technology and science news. Her passion is in gadgets, wearables, and other cool and interesting applications of technology or science. She also spends her free time gaming in MMOs like World of Warcraft. She has prior experience covering technology for publications and breaking news. If she’s not doing either, you might just find her exploring the metaverse in VR. Lana wants to expand TweakTown’s coverage of mobile, wearables and gadgets while also bringing her experience with science and general tech to TweakTown. Her area of coverage is around science, technology, smartphones, wearables, and general neat gadgets. She hopes to one day be able to drive around in her self-driving car while she schedules an appointment for a SpaceX trip to the moon on her smartwatch.

NEWS SOURCE:reuters.com

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