The company’s sales figures were 36% higher than a year ago, when Tesla produced 305,407 vehicles and delivered 310,048.
The vast majority of Tesla deliveries in Q1, 412,180 units, were its Model 3 and Model Y vehicles, its more affordable mid-range offerings. It delivered 10,695 deliveries of its Model S and Model X vehicles.
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For 2023, Tesla previously said it expects to produce 1.8 million cars and implied it intends deliveries around that amount. Company executives said they’re aiming for 50% annual growth on average in production volume and sales over a multiyear horizon.
Tesla will post its financial results for the first quarter of 2023 after market close on Wednesday, April 19, 2023.