Tesla Reports Record Sales in the First Quarter of 2017

Tesla Reports Record Sales in the First Quarter of 2017

Tesla continues to surprise with its sales figures despite reports of delays and other hiccups.

So far this year, Tesla has delivered 25,000 cars, a 69 percent increase from the first quarter last year. Reuters reports this is a new quarterly record for the American electric car manufacturer.

Of the cars delivered in the first quarter of the year, Tesla said 13,450 were Model S sedans and 11,550 were the Model X. Tesla says it expected total deliveries to hit 47,000 to 50,000 by the middle of the year.

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Last quarter, Tesla ran into production delays as it implemented new AutoPilot hardware, which resulted in fewer deliveries. The smaller and more affordable Model 3 sedan is expected to arrive later this year, but again, it wouldn’t be surprising if it was also delayed.

[Source: Reuters]