Tesla Sets Delivery Record – But Still Not on Track for 55,000 Deliveries in 2015

Posted by at 1:50 pm on April 4, 2015

Tesla MotorsTesla Motors said it set a new company record for the most cars delivered in a quarter, with 10,030 vehicles in the first three months of 2015.

This is the first time the company has disclosed deliveries within three days of a quarter’s end, a practice Tesla said it would continue.

“We have decided to take this approach, because inaccurate sources of information are sometimes used by others to project the number of vehicle deliveries,” the Palo Alto-based company said Friday.

Most auto manufacturers report vehicle sales on a monthly basis.

Analysts said the announcement is an indication of Tesla’s evolution, as the company previously delivered figures on an inconsistent basis.

The company said the first-quarter global delivery figure marks a 55% increase from a year earlier. But it’s still a long way from Chief Executive Elon Musk’s estimate of 55,000 deliveries in 2015.

Tesla said deliveries are only one measure of financial performance and should not be seen as an indicator of quarterly financial results.

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