Tesla Inc. delivered a record number of vehicles in the first three months of the year, when the company slashed prices to juice demand in a cooling car market.
Elon Musk’s electric-vehicle maker said Sunday that it delivered 422,875 vehicles to customers globally in the first quarter, up around 36% from the year before. The result also topped fourth-quarter deliveries by about 4% but fell short of the expectations of analysts surveyed by FactSet. They estimated the company would deliver around 432,000 vehicles in the first quarter.
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