Tesla reports 36% increase in vehicles deliveries for first-quarter of 2023

Tesla, increase in deliveries, first-quarter of 2023, Tesla vehicles delivery,

American automaker Tesla reported 36% increase in deliveries in the first quarter of 2023 ended March 30 to 422,875 vehicles, compared to the 310,048 deliveries posted during the same period a year earlier, and 4% sequential growth against 405,278 units delivered in the last quarter of 2022.

First-quarter vehicle production stood at 440,808 units.

The company reported deliveries of 10,695 of its higher-priced Model S and X vehicles, about 2% of deliveries in the quarter.

Tesla reported deliveries of 412,180 of its lower priced Model 3 sedan and Model Y crossover during the quarter.

The company did not include production and delivery numbers for its heavy-duty Semi trucks.

Tesla said it produced 19,437 Model S and X vehicles, and 421,371 of its Model 3 and Y vehicles for the period ending March 31, 2023.

“We continued to transition towards a more even regional mix of vehicle builds,” the company wrote in a statement Sunday.

Tesla now sells four models which are produced at two vehicle assembly plants in the US, one in Shanghai and another outside of Berlin. In March, CEO Elon Musk announced the company plans to build a new factory in Monterrey, Mexico, a day’s drive from its factory in Austin, Texas.

The company also produces a heavy-duty truck, the Semi, at its battery plant in Sparks, Nevada. The company began deliveries of the Semi in December 2022.

The first quarter of 2023 was marked by repeated price cuts by Tesla including in the U.S., Europe and China.

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